Finance Law 2023
The main provisions provided for by Law No. 79 of 22 December 2022 establishing a finance law for management 2023 are summarized as follows:
Interms of corporationtax andpersonalincome
- Supportfromsocial fundsinordertohonoritscommitments(Article22)
- Adaptationoftaxlegislationtotheaccounting systemofcompanieswithregardto therevaluationof assets(Art 31)
- Unificationofcorporatetaxrates(Art40)
- Revision of the tax regime for the capital gain on the sale of securities (Art 42)
- Rationalizationoftaxbenefitsforreal estatecapital gains(Art43)
- Reinforcementoftaxcomplianceandfightagainstevasion(Art58)
- Instaurationd'uneavancesurlavented'alcool (Art62)
- Revisionoftheincometaxratein theflattaxregime(Art55)
- Encouragementoffundingforresearchandsustainabledevelopmentexpenditure(Art27)
- Encouragement of the financing of business transfer and financial restructuring operations(Art32)
- Adaptationofthetaxregimeforinternetbettinggamingcompanieswithtaxlegislation(Art41)
Interms of VAT,Customs duties andother taxesonturnover
- ImprovementofthedeadlinesforrefundingtheVATcredit(Art34)
- Revision of the VAT rate applied to services rendered by certain non-commercial professions(Art44)
- Facilitation of the tax obligations of lump sums attached to the real regime (Art 57)
- Encouragement of theuseofnewenergies(Art 24)
- ImprovementofVAT recoveryonsalesoftelephoneandtop-up cards(Art61)
- RevisionofthetaxationofvehiclesimportedbyTunisiansresiding abroadaspartoftheimplementationofprojects(Art 70)
Interms ofRegistrationtax ansstampduty
- Updating of the tax stamp tariff on invoice and submission of administrative documents to theregistration fee(Art 69)
- Institutionofpropertywealthtax(Art23)
- Submissionofpowersofattorneyto theregistrationobligation(Art65)
Other dispositions
- Improvementoftheuseof cash (Art60)
- Improvedmonitoringoftheturnovertaxsuspensionregime(Art45,46and48)
- Provisionsforadjustingpenaltieswiththecost ofborrowing(Art59)
- Supportforsmallfarmers(Art15)
- Rationalizationoftheincreasein theretirementage(Art12)
- Improvementofthegrantingoftaxbenefitsfortherecruitmentofforeignersbytotallyexportingcompanies(Art 50)
- Authorizationfortotallyexportingindustrialcompaniestoincreasethepercentageofsalesonthelocalmarket (Art 37)
- SupportforTunisianpresscompanies(Art20)
- Facilitatethetransferofprojectsofnationalimportance(Art33)
- Encouragementofactivistsintheinformaleconomytoregisterinthetaxandsocialsecuritysystem(Art 52,53and54)