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São Tomé VAT 2018

  • Aug 25, 2016 | Richard Asquith
São Tomé VAT 2018

The African island of São Tomé and Príncipe is to introduce a Value Added Tax regime from 1 January 2018.

The International Monetary Fund is sponsoring the introduction of the indirect tax regime.

Currently, the country has a sales tax on goods (up to 140%) and services (5%).

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.