Adoption of the 2026 Finance Law
The Assembly of People's Representatives adopted the 2026 Finance Law in its entirety on Thursday evening, with 89 votes in favor, 23 against, and 12 abstentions. At the heart of the tensions was Article 50, dedicated to the creation of a wealth tax, which was adopted separately with 72 favorable votes, despite its prior rejection by the Finance Committee.
Key Provisions of the Wealth Tax
Presented by Finance Minister Mechkat Slama, the article establishes an annual tax of 0.5% on assets valued between 3 and 5 million dinars, and 1% for assets exceeding 5 million dinars. This new tax concerns both real estate and movable assets, including those belonging to minor dependents, whether located in Tunisia or abroad for tax residents.
Exemptions and Exceptions
However, the measure excludes:
- Primary residences
- Professional assets
- Used business funds
- Non-utility vehicles with 12 fiscal horsepower or less
Economic and Social Impact
The introduction of this tax, presented as a lever for tax justice, has revived a broad debate in Parliament about its economic, social, and investment attractiveness impact in Tunisia.
