Tunisia's tax administration has issued Public Ruling No. 1/2019 of 1 February 2019, which clarifies the rules regarding the 4-year corporate income tax holiday (exemption) granted for newly established companies. The tax holiday was first introduced for companies established in 2018 and 2019 and was subsequently extended for companies established in 2020. The holiday is available for most sectors, although certain sectors are specifically excluded, including the financial sector, the energy…