On 21 August 2015, Tunisia published the Supplementary Finance Law for 2015 in the Official Gazette. Main changes include: Individual Income Tax The standard individual income tax exemption is increased from TND 1,500 to TND 5,000. The change is effective 1 January 2016. Value Added Tax The applicable valued added tax rate for tourism related services, such as hotel services, domestic tours, spas, golf courses, etc. is changed from the 12% reduced rate to the 6% reduced rate. The change is effective 30 August 2015. Incentives for Newly Recruited Employees The incentives based on newly recruited employees in the 2012...