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New tax returns for Corporate Income Tax and Personal Income Tax in Mozambique

New tax returns for Corporate Income Tax and Personal Income Tax in Mozambique

On 31 August 2020, the Ministerial Order number 31/08/2020 approved the returns for the declaration of Personal Income tax and the Corporate Income Tax.

 Concerning Personal Income Tax (I.R.P.S), the Ministerial order provides:

o return for the declaration of Personal Income Tax (M/10 form);
o return for the declaration of Personal Income Tax – Inclusion Entry (M/10V form);
o return for the declaration of Personal Income Tax for Category 2 (M/10 annex a form);
o return for the declaration of Personal Income Tax for capital gains (M/10 annex b form);
o return for the declaration of Personal Income Tax for real estate income (M/10 annex c
form);
o return for the declaration of Personal Income Tax for other income and income earned
abroad (M/10 annex d form);
o return for the declaration of head of household or joint-holder administrator of undivided
inheritance (M/10 annex e form);
o return for withholding tax and autonomous income tax for I.R.P.S and I.R.P.C (MRFTA
IRPS/C form);

 Concerning Corporate Income Tax (I.R.P.C), the Ministerial order provides:

o return for the declaration of Corporate Income Tax (organised accounting and
bookkeeping simplified regime) (M/22 form);
o return for the declaration of Corporate Income Tax (Simplified Regime for taxable profit
assessment) (M/22A form);
o Annual accounting and tax return (M/20H form);
o Income return (M/20 form);
o return for withholding tax and autonomous income tax for I.R.P.S and I.R.P.C (MRFTA
IRPS/C form);
o Annual transfer pricing return (preferential and undercapitalized tax regime) (M/20 annex
I form).

The Ministerial Order 31.08.2020 approved also the returns for commencement and cessation of activity (respectively M/02 and M/03 forms).

 

 

 

The contents of this publication are based on our knowledge and interpretation of current law and practice which are likely to change
over time. The publication is provided for information purposes only and does not constitute professional advice of any kind. The
information provided in the publication should not be used as a substitute for consultation with professional advisers. Before making any
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provided with the pertinent facts relevant to the client’s particular situation. No responsibility for any loss occasioned to any person acting
or refraining from acting as a result of any material in the publication can be accepted by LI&P, the author, copyright owner or publisher
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