The information was transmitted this Wednesday by the Director of Fiscal Services at AGT, Denis Barbosa, noting that the IP collections represented an increase of 2 percent compared to 2021 and the IVM represented an increase of 10 percent compared to to 2021.
The tax authority expects collections for both taxes to grow by 15 percent in 2023.
Data and forecasts on IP and IVM collections were presented in Luanda, during a press conference to launch the Awareness Campaign for the Payment of the two taxes.
The IP is levied on the property, the rent of urban or rural buildings and also on the value of the transfer, that is, "on the value that is appraised when it is owned or when it is rented".
IVM is levied on all vehicles registered or registered in Angola, namely light and heavy vehicles, motorcycles, mopeds, tricycles, quadricycles, aircraft, boats and electric vehicles.
Denis Barbosa warned of the need for all citizens to register their properties and vehicles with the AGT, noting that the institution has promoted, since March 2021, the National Program of Education and Fiscal Citizenship.
"Whose objective is to increase and improve the level of tax literacy, bring a new awareness about compliance with tax obligations by citizens and has as its target audience throughout this period the Ministry of Education, universities, corporate associations, public institutions and private," he said.
IP settlement and payment runs from January 1st to March 31st and for the IVM runs from January 1st to June 30th of each year, with non-payment subject to the imposition of a fine of 25 percent corresponding to the value of the tax.
The AGT currently has, under the IP, a total of 104,934 registered properties, whose collected revenue "is all destined to local authorities, that is, to municipal administrations".
"And we are going to continue this year with this rhythm of property registrations across the country to expand the registration base", stressed the director of Tax Services at the Angolan public entity.
With regard to motor vehicles, AGT has 164 aircraft, 2252 vessels, 476,007 light vehicles, 62,224 heavy vehicles and 47,172 motorcycles registered in its database.
"The fact of not paying the IVM does not remove the obligation to register the vehicle", explained Denis Barbosa, noting that all inoperative vehicles registered with the body are subject to the tax.
The official also stressed that the IP law provides for exemptions, namely on properties belonging to the State, municipalities, diplomatic representations, "when there is reciprocity between States", public institutes and legally recognized religious institutions.
As for the IVM, the exemptions apply to State assets, municipalities, political parties, diplomatic and consular missions, "when there is reciprocity between States", international organizations under the terms of agreements signed with Angola, vehicles adapted for people with disabilities and agricultural tractors.
