Update - Tunisia's Capital Gains Withholding Tax Changes Under Finance Law for 2021 and Limit to Rate Benefit for Listed Companies

Tunisia has introduced changes to the withholding tax rules for capital gains derived by non-resident entities under the Finance Law for 2021. Effective from 1 January 2021, capital gains derived by non-resident legal entities on the disposal of Tunisian real property or rights on real property are subject to a final withholding tax at a reduced rate of 15% (previously, 25%). Instead of taxatio…
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