VAT has been introduced in Angola for the first time

Angola has introduced a 14% valued added tax (VAT) for the first time. It replaces a consumption tax, which had rates between 5%-30%. On the day of implementation, originally scheduled to be January 1st 2019 (then delayed to July 1st 2019), major supermarket chains in Angola, including Kero and Shoprite, closed. [...]
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