The Tunisian tax authority has issued General Memorandum No. 7 of 2025, which explains the VAT changes introduced by the Finance Law for 2025. The main change is the removal of the 13% VAT rate for real estate constructed by real estate developers exclusively for housing, which is replaced by:

• A 7% VAT for real estate constructed for housing with a price not exceeding TND 400,000; and
• 19% for…