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 real estate constructed for housing with a price exceeding TND 400,000. Another change is in the VAT rate on electricity for domestic consumption, which has been reduced from 13% to 7%...