2026 Budget Bill: Introduction of Wealth Tax
The 2026 budget bill proposes the introduction of a wealth tax, applicable from January 1st of each year. This new tax will concern the assets of individuals, including those held in the name of their minor dependent children, whether they are real estate or personal property.
According to the text, the rate of this tax will be set at:
- 0.5% for assets with a value between 3 and 5 million dinars,
- 1% for assets exceeding 5 million dinars.
Subject to international conventions on non-double taxation, the wealth tax will apply to:
- assets located in Tunisia, regardless of the taxpayer's residence,
- as well as assets located in Tunisia or abroad, when the taxpayer is a Tunisian tax resident.
The tax base will include the value of:
- real estate,
- business assets,
- personal property of all kinds, including:
- bank and postal deposits,
- financial securities and invested capital.
However, several categories of assets will be exempt, including:
- the taxpayer's primary residence and the furniture used in it,
- real estate used for professional purposes and business assets that are actually operated,
- as well as non-utility vehicles with a tax horsepower not exceeding 12.
This measure is part of the government's new tax orientations aimed at strengthening social justice and the contribution of large fortunes to the financing of the state budget.
