CAPE VERDE: Decree-Law on binding rulings published
Cape Verde s Ministry of Finance published
Decree-Law 74/2020 in the Official Gazette on 12 October 2020,
setting out the conditions for taxpayers requesting binding tax
information rulings. The Decree Law became effective on the same
day.
Once the application is submitted, the tax administration is
obliged to respond and notify the applicant within a maximum of 75
days. However, an urgent response within 45 days may be provided
for justified requests, provided that the request is accompanied by
a legal-tax framework proposal. The tax authority must notify an
applicant within 30 days on whether a request is accepted as