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:

1/-Interms of corporationtax andpersonalincome                 4-5

1.1–Supportfromsocial fundsinordertohonoritscommitments(Article22)

1.2  –Adaptationoftaxlegislationtotheaccounting systemofcompanieswithregardto therevaluationof assets(Art 31)

1.3–Unificationofcorporatetaxrates(Art40)

1.4– Revision of the tax regime for the capital gain on the sale of securities (Art 42)

1.5–Rationalizationoftaxbenefitsforreal estatecapital gains(Art43)

1.6-Reinforcementoftaxcomplianceandfightagainstevasion(Art58)

1.7–Introductionof an advanceonthesaleof alcohol(Art 62)

1.8  –Revisionoftheincometaxratein theflattaxregime(Art55)

1.9–Encouragementoffundingforresearchandsustainabledevelopmentexpenditure(Art27)

1.10- Encouragement of the financing of business transfer and financial restructuring operations(Art32)

1.11–Adaptationofthetaxregimeforinternetbettinggamingcompanieswithtaxlegislation(Art41)

2/-Interms of VAT,Customs duties andother taxesonturnover         6                       

2.1–ImprovementofthedeadlinesforrefundingtheVATcredit(Art34)

2.2– Revision of the VAT rate applied to services rendered by certain non-commercial professions(Art44)

2.3– Facilitation of the tax obligations of lump sums attached to the real regime (Art 57)

2.4–Encouragement of theuseofnewenergies(Art 24)

2.5–ImprovementofVAT recoveryonsalesoftelephoneandtop-up cards(Art61)

2.6–RevisionofthetaxationofvehiclesimportedbyTunisiansresiding abroadaspartoftheimplementationofprojects(Art 70)

3/- Interms ofRegistrationtax ansstampduty                                       7           

3.1- Updating of the tax stamp tariff on invoice and submission of administrative documents to theregistration fee(Art 69)

3.2-Institutionofpropertywealthtax(Art23)

3.3-Submissionofpowersofattorneyto theregistrationobligation(Art65)

4/- Other dispositions                                                                                 8-9

4.1–Improvementoftheuseof cash (Art60)

4.2-Improvedmonitoringoftheturnovertaxsuspensionregime(Art45,46and48)

4.3–Provisionsforadjustingpenaltieswiththecost ofborrowing(Art59)

4.4–Supportforsmallfarmers(Art15)

4.5–Rationalizationoftheincreasein theretirementage(Art12)

4.6  –Improvementofthegrantingoftaxbenefitsfortherecruitmentofforeignersbytotallyexportingcompanies(Art 50)

4.7–Authorizationfortotallyexportingindustrialcompaniestoincreasethepercentageofsalesonthelocalmarket (Art 37)

4.8–SupportforTunisianpresscompanies(Art20)

4.9–Facilitatethetransferofprojectsofnationalimportance(Art33)

4.10–Encouragementofactivistsintheinformaleconomytoregisterinthetaxandsocialsecuritysystem(Art 52,53and54)