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Details of Draft Finance Law 2014 – corporate taxation

02 December 2013

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Proposed Changes

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Tunisia

The draft Finance Law 2014 is currently being discussed by the Council of Ministers. The most important measures included in this draft with respect to corporate taxation are summarized below. -   The standard corporate tax rate will be reduced from 30% to 25% for corporate profits realized as from 1 January 2014 and to be assessed from 2015 onwards. The increased tax rate of 35% will be maintained and may be extended to large retail companies and internet services providers which are currently subject to the standard rate. -   The implementation of the 10% income tax rate on...