Supplementary Finance Act 2014

Uncategorized6 November 2026

Exemption from late-payment penalties for amended returns filed before 31 December 2014
Incentive to register with the tax system
Simplified accounting for non-commercial professions
Rationalising tax collection from non-commercial professions
Extending the effects of Article 1 of Act 2010-29 of 7 June 2010 on reviving the financial market
Encouraging investment

Encouraging investment by reducing the cost of acquiring the necessary equipment
Harmonising the tax regime of multi-purpose vehicles
Rationalising the VAT-exemption procedures for paper intended for printing newspapers
Increasing stamp duties on certain deeds according to the new tariff
Requiring, for the registration of property and business-asset sale or lease contracts, the submission of tax receipts for the last three financial years
Suspending the 25% increase in the VAT base for operations on the local market from 1 January 2015 (Art. 6, paragraph I of the VAT code)
Suspending the 25% increase in the VAT base for a list of imported products
Reducing the consumption duty on marble and other building and cladding stones
Suspending VAT on the acquisition of goods as donations within the framework of international cooperation

Measures against tax evasion (lifting of banking secrecy)
Contribution to the State budget for 2014 by all natural persons of Tunisian nationality and legal entities subject to corporate tax
Repeal of certain provisions of the 2014 Finance Act
Allowing the amicable settlement of tax disputes
Payment of a fine equal to 20% of the value of goods in transit seized without an invoice, with a minimum floor of 500 dinars
Possibility for individuals to carry out manual currency-exchange transactions, subject to an implementing decree
Confiscation of amounts of 10,000 dinars or more whose source is unjustified

Exempting individuals earning agricultural or fishing income under Article 23 of the IRPP and IS code from the 1.5% withholding tax
Reducing the VAT rate from 18% to 12% on low-voltage electricity for domestic use and on low- and medium-voltage electricity used to operate agricultural-irrigation water-pumping equipment, as well as petroleum products
Exempting smoking-cessation aid products from customs and consumption duties and subjecting them to VAT at 12%
Exempting loan contracts granted by the BTS from registration duties

Reducing the age of vehicles benefiting from tax advantages for Tunisians living abroad when carrying out or taking part in a project, from 7 to 5 years
Creation of a fund for restructuring and modernising the banking sector
Aligning the provisions of tax rights and procedures with administrative-penalty procedures by subjecting them to the litigation procedures followed for automatic tax assessment
Levying a 1% duty for the State treasury on any cash payment to public accountants exceeding 10,000 dinars
Updating the stamp duty on foreign-currency export declarations to TND 10 instead of TND 3
Mandatory publication of information by customs

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