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Tunisia - Hungary:

 An agreement on cooperation in hedging export between " COTUNACE " and the Hungarian Society for guaranteed export credits " MEHIB " , was signed Tuesday, March 11, 2014 in Tunis.   According to the statement of the Ministry of Economy and Finance " Noureddine Zekri " This agreement was signed by " Petro Erno ," Chairman of the Board D " Eximbank " Hungary ( Hungarian public bank export credits ) , currently on a working visit in ...

Tunisia: The main contributions of the Finance Act 2014

 Many measures have been taken , affecting both natural persons and legal persons, whose particular quote: 1. According to the provisions of Article 20, the small and medium enterprises created in 2014 , operating in the processing sector and whose turnover does not exceed 600,000 dinars are exempt from the corporate income tax for a period of 5 years and this from the date of their actual operating inputs.   2 . According to Article 34 of the Finance Act 2014, expenses , ...

Finance Act 2014, Company

  1. Section 18 of the Finance Act 2014 provides for a lower tax on corporate profits from 30% to 25 % rate and for profits as of 1 January 2014. 2 . According to Article 19 of the said law , dividends on shares and shares held by individuals are submitted from 1 January 2015 to a withholding tax (RS ) at the rate of 5%. . 3 Article 48 of the Act stipulates that the annual tax shall not be less than an amount equal to: - 0.2 % of the local gross sales with a minimum paid even in case of ...

Finance Act 2014 totally exporting companies

 1. Section 49 of the Finance Act 2014 provides for an expansion of the scope of tax facilities for industrial , commercial or professional (TCL ) at the rate of 0.1 % on turnover from exports . , Has not provided 2 . The Finance Act 2014 among other things, the postponement of the application of Article 12 , paragraph 7 of the Investment Incentives Code . Thus, companies that export incoming activities from 01st January 2014 are subject to corporate tax at 10 % of profits from exports ...

Finance Act 2014 individuals

 1. Section 77 of the said Act provides untrimming 2000 dinars under the 1% levy paid into the general fund of compensation on wages and income of individuals whose net annual income exceeds 20 000 dinars. 2. Following Article 73 of the Finance Act, individuals with a net income not exceeding 5000DT year and do not have other sources of income benefit from an exemption from income tax .

Tunisia - Japan:

 Tunisia has just been granted two loans from the Japanese government for a total of 48 billion yen, the equivalent of 750 million dinars. In this context a meeting convened the provisional President of the Republic, "Mohamed Moncef Marzouki," with the Minister of Foreign Affairs, responsible for the Middle East, Europe and America "Nobuo Kishi".   Both funds will be used to finance the project power plant Rades and protection project Oued Mejrada against ...

A German credit for young Tunisian promoters

 Andreas Reinike, the new German Ambassador in Tunis, has announced a new line of credit of € 50 million for young people wishing to start their own businesses. This credit line will be in the coming months, available to Tunisian commercial banks, at the latest at the end of the summer. This news was announced Thursday on Radio Express Fm.

Increase in foreign investment

 According to the Agency for the Promotion of Foreign Investment (FIPA) Tunisia was ranked 59th in innovation , a total of 141 countries , according to the Global Innovation Index 2012 ( GII : Global Innovation Index) . This year it is better positioned compared to the 2011 ranking ( 66th place with a score of 33.89 ) . Indeed, foreign investment increased 44.6% during the first six months of 2012 compared with the same period in 2011, 1,121 MTD. It also emphasizes that the first half of ...

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