17 October 2018 No new taxes on companies or individuals in Tunisia’s 2019 budget

The Tunisian government has announced that it will not impose new taxes on companies and citizens in the 2019 budget. This came in the draft budget for 2019 which was issued by the government. According to the draft “The government is committed not to burden the economic institutions and the citizen with new taxes in 2019 due to the contributions they have previously made and in order to reduce the tax burden on the institutions”. The government has also decided to reduce taxes on companies operating in various sectors including pharmaceuticals and information technology from 25 % in the 2018 budget to 13.5 % in the next year budget. “The reduction aims to boost the competitiveness of institutions active in Tunisia and to preserve Tunisia’s position as an attractive destination for investment,” the draft said.