Tunisia's Finance Bill for 2020 was submitted in Parliament on 16 October 2019. Salient features include:
1. In compliance with recommendations from the Forum on Harmful Tax Practices, eligibility for the reduced 13.5% corporate tax rate (applicable from the 2021 income year) would be made conditional on meeting substance requirements relative to minimum expenditure and a minimum number of specialized workforce. The proposed substance rules would apply to enterprises active in the following …