The main provisions introduced by Act No. 13 of 11 December 2023 establishing the Finance Act for 2024 are as follows:
Corporate tax and personal income tax (IRPP)
- Creation of a national fund for the reform of national education (Art. 15)
- Encouraging business creation and private initiative (Art. 33)
- Encouraging individuals to save through the subscription of State-issued securities (Art. 34)
- Encouraging the financing of startups (Art. 36)
- Deduction of income and profits reinvested in share-issue premiums (Art. 37)
- Support for the green economy and sustainable development (Art. 48 to 50)
- Introduction of a temporary contribution for banks and financial institutions (Art. 64)
- Encouraging stock-market listings and stimulation of the financial market (Art. 35)
VAT, customs duties and local tax (TCL)
- Postponement of the 19% VAT rate on property sales for housing carried out by real estate developers (Art. 39)
- Exceptional tariff procedures on a list of imported products of Turkish origin (Art. 44)
Registration and stamp duty
- Rationalisation of the progressive registration benefit on land acquisition (Art. 53)
- Revision of vehicle registration duties (Art. 68)
Other provisions
- Facilitating the regularisation of individuals’ situations regarding tax debts and declaration omissions (Art. 58 and 59)
- Reduction of late-payment penalties on taxes and customs debts (Art. 61)
- Widening the scope of the compensation levy and revising its rates (Art. 45)
- Revision of the tourist tax in hotels for foreigners (Art. 46)
- Introduction of a tax on dairy by-products (Art. 47)
- Benefit granted to Tunisians residing abroad under the FCR scheme every 10 years (Art. 24)
- Introduction and generalisation of the carbon tax (Art. 51)
- Reinforcing the right of access of the tax authorities (Art. 54)
- Framing the work of the committee reviewing automatic tax-assessment orders (Art. 57)
- Revision of the deadlines for filing the monthly return (Art. 69)
- Transfer of frozen funds to the Tunisian public treasury accounts (Art. 65)
- Empowering heads of audit offices to issue automatic tax-assessment orders for failures to file tax returns (Art. 63)
