Tunisia: Government clarifies that fees related to electronic payments are VAT Exempt
The Tunisian Ministry of Finance releases Common Notes Nos. 16/2022 and 14/2022, which cover VAT treatment for foreign trade and export service businesses under the 2022 Finance Law. Common Note No. 14/2022 also clarifies that electronic payments are VAT exempt.
Common Note No. 16/2022
- Suspension of VAT on acquisitions of international trade companies and export-oriented service companies
- Instances not covered by the measure
- VAT taxable events on acquisitions of foreign trade businesses and service companies based on rates in effect as of January 1
- Deductions for VAT
- VAT refund application, procedure, and deadline
Common Note No. 14/2022
- Electronic payment transactions via terminals, the internet, and mobile phones.
- Exemptions from the fee associated with cash withdrawals
- List of transactions subject to VAT exemption
- List of transactions subject to a 19% sales tax.
The measures took effect on January 1.
Source: doc-fiscale.finances.gov.
