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Tunisia Planning Changes to the Investment Code

|Proposed Changes|Tunisia
Tunisia

The Tunisian Council of Ministers is currently considering draft changes to the country's Investment Code. One of the key changes being considered is a reduction in the corporate tax rate from 25% to 15%, while abolishing the reduced tax rate of 10% for export companies. The increased 35% rate for hydrocarbon, financial and telecommunication activities would be maintained. Other measures include relaxing restrictions on foreign investment and real estate ownership, and simplifying repatriatio…

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