Tunisia's draft Finance Bill for 2021 was submitted in Parliament on 16 October 2020. The most salient features are summarized as follows:

• The introduction of a single standard corporate tax rate of 18% which would replace the current rates of 25%, 20%, and 13.5% effective for tax years starting on or after 1 January 2021, although the current higher (35%) and lower (10%) rates for specified e…