The income tax treaty between Angola and Portugal was signed on 18 September 2018. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Angolan employment income tax, industrial income tax, urban property tax, and investment income tax. It covers Portuguese personal income tax, corporate income tax, and surtaxes on corporate income tax. Income from Hydrocarbons Article 2 (Taxes Covered) includes the provision that the treaty will not affect the right of either of the Contracting States to apply their domestic laws and regulations related to the taxation of income and profits derived...