Following an overwhelming response from individuals in Tunisia to the government’s ‘reconciliation procedures’ applicable to outstanding tax debts, the Tunisian finance minister has announced plans to extend the provisions in place until September 30, 2012.
The minister explained that by virtue of law number 2012-14 from August 15, 2012, modifying law number 2012-1 from May 16, 2012, providing for the 2012 supplementary finance bill, the deadline for settling or reconciling outstanding tax debts will be extended until the end of September to enable more taxpayers to benefit from the provisions.
The extended deadline will apply notably to tax owing to the state and to fines and financial penalties recognized prior to January 1, 2012, to tax declarations, deeds and contracts not submitted prior to entry into force of the 2012 supplementary finance bill, for tax owing following notification of tax audit results or tax orders before January 1, 2012, and to tax owing due to judgments pronounced before October 1, 2012, on taxation orders given before January 1, 2012.
The finance minister therefore invites all citizens as well as businesses to contact the relevant authorities before September 30 and to follow the tax reconciliation procedures in place in order to benefit from tax reductions on the amount due and from the payment facilities on offer.
According to the finance ministry, the deadlines for the tax on developed property and the local authority housing fund contribution as well as the deadline for customs fines remain unchanged (August 31 and December 31 respectively).