Flash legislation Update 6 July 2017

Dear *|FNAME|* *|LNAME|*
Following our latest monthly legislation update sent yesterday, please be informed that new relevant legislation has been enacted on 4 July 2017* in the Republic of Angola, which may require immediate attention.
In case you require any further assistance please contact directly Mr. Nuno Catanas. Kind regards
*Notwithstanding the official date of publication by the Official Gazette, the act of legislation was only made availabe yesterday, 5 July 2017.
Ministry of Finance FATCA - Tax Reporting System of Financial Data - Deadline Extension Order 290/17, of 4 July 2017Summary: This new Order from the Ministry of Finance extends until 31 July 2017 the deadline for Angolan financial institutions to fulfill their financial reporting obligations to the General Tax Administration concerning the fiscal years of 2014, 2015 and 2016, within the context of compliance with the Foreign Account Tax Compliance Act - FATCA that is being implemented between the Republic of Angola and the United States of America. The original deadline for said obligation ended on 30 June 2017, as established by the Presidential Legislative Decree 1/17, of 20 June 2017, which was the object of our Flash Legislation Update of 21 June 2017.
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