Cape Verde

Cape Verde VAT changes

July 22nd, 2016

The West Africa island country of Cape Verde introduced a range of VAT and other indirect tax changes in its new Budget Bill 2016. The changes include: Corrective VAT returns are required for errors (as opposed to adjustments in subsequent returns) Waste and recycling services supplies are VAT exempt Importing motorized vehicles for government usage …

Cape Verde

Cape Verde cuts VAT to 15%

January 18th, 2016

Cape Verde has dropped its standard VAT rate from 15.5% to 15% from 1 January 2016. The 15.5% rate was a temporary measure introduced on 1 January 2015. Prior to this, the rate was 15%.

Cape Verde

Cape Verde VAT compliance update

February 5th, 2014

The Cape Verde VAT Law has been updated from the start of 2014.  The major changes include: The VAT reverse charge will apply on domestic construction services VAT returns must now be filed on a monthly basis, by the last day of the month following the taxable period Companies may treat otherwise taxable supplies to …