Tunísia: Entorn econòmic
A reduced rate of 13% applies to: services rendered by lawyers, tax advisors and other experts; sales of low-voltage electricity intended for domestic consumption, and the sale of medium and low-voltage electricity used for the functioning of water pumping equipment for agricultural irrigation; sales of buildings constructed for the exclusive use of housing by real estate developers for the profit of private persons or by public real estate developers (the rate of 13% will increase to 19% effective 1 January 2024).
Exports and related services are zero-rated.
Under the Tunisian tax legislation, tax losses are classified either as operating losses or deferred depreciation. Operating losses can be carried forward up to five years, starting from the year following the one during which they were booked. Deferred depreciation is to be carried forward indefinitely, starting from the year following the one during which it was booked. The carryback of losses is not permitted. The allowance for bad debt is deductible up to 50% of taxable income (after deducting non-taxable income and adding back non-deductible costs).
A foreign tax credit is available for companies that are resident of countries that have signed a double taxation agreement with Tunisia.
Charitable contributions are either fully deductible (in cases where they are granted notably to the state, local authorities and state-owned companies, and to organisations dedicated to disability promotion), or within 0.2% of the revenue in other cases.
Recently established companies can claim a tax exemption in the first four years of activity (total exemption in the first year, 75% the second year, 50% the third year and 25% the fourth year; subject to conditions). Start-up costs are also fully deductible.
Stamp duties are generally due on certain contracts expressly designated and on invoices (TND 0.6 for invoices). The registration of some operations is compulsory. In these cases, the registration fees are expressly determined by the Registration and Stamp Fees Code. Some transactions are subject to proportional registration fees (5% for property transfer taxes, 3% for the acquisition of social housing from real estate developers for the portion exceeding TND 500,000 - 2.5% in the case of a transfer of business).
An hotel tax is due by entities that work with tourists; provide accommodation, food, and beverages; or organise leisure activities for clients, at a rate of 2% of the gross turnover generated from the tourism and relating activities. A Tourism Sector Development Fund tax is levied on entities operating in the tourism sector at a rate of 1% of turnover (excluding VAT).
According to the Finance law 2022, stamp duty of 100 millimes per receipt issued to customers is due by large commercial areas and multi-departments stores that are under the Large Businesses Direction (DGE) or to the Medium-Sized Businesses direction), and operators of a brand or a foreign commercial sign.
The Tunisian social security system is financed by contributions from both employers (16.57%, reduced to 16.07% for wholly exporting companies) and employees (9.18%) based on salaries. Employers are also required to pay a premium for workplace injuries ranging from 0.4% to 4% of earnings. Employers collect social security contributions from each employee and pay on their behalf. Contributions to the CSS are due at a rate of 1% of taxable profit (minimum amounts apply). For tax years 2020, 2021, and 2022, CSS contributions have been increased to 2% (with a minimum of TND 300) for companies subject to the higher corporate tax rate of 35%; and to 3% (with a minimum of TND 300) for banks, financial institutions, insurance and reinsurance companies, and for certain non-resident credit institutions.
Companies are also subject to vocational training tax (2% of the gross amount of salaries; 1% for manufacturing industrial companies).
Employers established in Tunisia, regardless of being liable or not for income tax, are subject to a social logging tax, calculated at 1% of the gross amount of salaries paid to its employees, including benefits in kind.
Tunisia | Middle East & North Africa | United States | Germany | |
Number of Payments of Taxes per Year | 8.0 | 20.8 | 10.6 | 9.0 |
Time Taken For Administrative Formalities (Hours) | 144.0 | 204.0 | 175.0 | 218.0 |
Total Share of Taxes (% of Profit) | 60.7 | 32.1 | 36.6 | 48.8 |
Source: Doing Business, Latest available data.
Income tax (IR) | Progressive rate from 0 to 35% |
TND 0 - 5,000 | 0% + 1% solidarity contribution (not due from whose individuals whose annual net income does not exceed TND 5,000) |
TND 5,001 - 20,000 | 26% + 1% solidarity contribution |
TND 20,001 - 30,000 | 28% + 1% solidarity contribution |
TND 30,001 - 50,000 | 32% + 1% solidarity contribution |
Over TND 50,000 | 35% + 1% solidarity contribution |
Exemptions are available for:
- interest on deposits or stocks in foreign currency or convertible dinars;
- interest on house purchase savings accounts;
- interest on special savings accounts or debentures, within a certain limit;
- dividends paid by resident companies, if the annual total is below TND 10,000.
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Actualitzacions: April 2023