Govt May Reap AKZ 50 Million in Revenues

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28 June 2011 Luanda — Experts of the National Tax Department (DNI) will as from this month start paying visits to some main properties in Luanda, so as to learn about their needs and thus clarify them on the new regulation about real estate tax.

Angola Press Agency (Luanda)

28 June 2011

Huambo — The government of the central Huambo province may reap at least AKZ 50 million in 2012 through revenues.

This was said to Angop on Tuesday by the vice governor for economic matters, Henrique Deolindo Barbosa.

The collection of these revenues is part of the new taxation, legal authorisation and fines, among others.

According to him, the local government created a technical commission that will co-operate with municipal administrations on the enforcement of presidential decree 307/10 of December 20.

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Govt May Reap AKZ 50 Million in Revenues