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Details of Draft Finance Law 2014 – individual 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 individual taxation are summarized below. -   The implementation of the partial exemption for individuals producing goods or rendering services wholly for export will not be postponed for one additional year (see Tunisia-1, News 15 January 2013). Accordingly, as from 1 January 2014, two thirds of the profits derived from exports are exempt from tax. Individuals operating prior to this date will continue to enjoy the full 10-year tax holiday to which they are entitled....