Cape Verde VAT changes

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 are VAT exempted
• The supply of buildings for cultural or sporting activities is VAT exempted from the start of 2016
• Building construction and supply for governments are VAT exempt
• Tourist occupancy tax is applicable for the whole of 2016