Tunisia has introduced changes to the withholding tax rules for capital gains derived by non-resident entities under the Finance Law for 2021. Effective from 1 January 2021, capital gains derived by non-resident legal entities on the disposal of Tunisian real property or rights on real property are subject to a final withholding tax at a reduced rate of 15% (previously, 25%). Instead of taxation at 15% on the net gain, a non-resident seller may opt for a tax at 10% on the gross sales proceeds. Further to the rate change for gains on real property, the applicable withholding tax rate...