Adoption of the 2026 Finance Law
On Thursday evening, December 4, 2025, during a plenary session held at the Assembly of People's Representatives (ARP), members of parliament adopted the 2026 Finance Law project in its entirety, with 89 votes in favor, 23 against, and 12 abstentions.
Approval of Article 50
Prior to this, the deputies had adopted Article 50 of the 2026 Finance Law in its initial version, as presented by the government, after it was proposed for a second time by Finance Minister Michkat Slama. The article was approved with 72 votes in favor, 14 against, and 16 abstentions. Notably, this article had previously been rejected by the Finance and Budget Committee.
Key Provisions of Article 50
As part of Chapter 7 of the 2026 Finance Law, which focuses on tax reform and digitization of services, Article 50 stipulates the abolition of the provisions of Article 23 of Decree No. 79 of 2022, dated December 22, 2022, related to the 2023 Finance Law. The article provides for the introduction of a tax on the income of natural persons, including assets belonging to their minor dependent children, derived from real and personal property.
"Wealth Tax" Introduction
Dubbed the "wealth tax," this tax is set at 0.5% for assets with a value between 3 and 5 million dinars and at 1% for assets with a value exceeding 5 million dinars. It applies to real and personal property located in Tunisia, regardless of the taxpayer's place of residence, as well as to real and personal property located in Tunisia or abroad, if the taxpayer is a resident of Tunisia, in accordance with the applicable tax legislation. The tax applies to all assets except the taxpayer's primary residence, assets used for professional purposes, used business funds, and non-utility vehicles with a tax horsepower of 12 or less.
