THE RELEVANCE OF DOUBLE TAXATION AGREEMENTS IN INTERNATIONAL COMMERCIAL RELATIONS. CASE STUDY: ANGOLA

Abstract

This article is based on the approach on the relevance of Double Taxation Agreements in the context of commercial relations between States, whose main focus is the Republic of Angola. It aims to analyze the scenario resulting from the agreements and conventions initialed by Angola regarding the elimination of international double taxation. Discusses the importance of this agreement in business relations between the signatory States, its reflection in the economic and legal system of each country. References will be made to the application of the agreements, the significant changes resulting from them and their influence on the development of international economic activities. Focusing on the advantages arising from the signed agreements, some benefits are presented in terms of the tax burdens adopted and in terms of taxable income, the exposition of the legal regimes to be applied to individuals and legal entities, as well as the reciprocity of advantages for countries. It reflects on the importance of these agreements in attracting foreign investment, especially in Angola. Actualy, Angola has concluded a double taxation agreement with only three States, namely the Republic of China, the United Arab Emirates and Portugal.