The Tunisian tax authority has issued General Memorandum No. 8 of 2025, which explains the corporate income tax (CIT) rate changes introduced by the Finance Law for 2025. Key points include: The standard CIT rate has been increased from 15% to 20%, which applies to the profits of most resident companies, as well as capital gains realized by non-resident, non-established companies from the disposal of real estate, related rights, or shares in real estate-holding companies located in Tunisia; The CIT rate has been increased from 35% to 40% for banks, financial institutions (including non-resident entities, but excluding payment institutions), and...