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Tunisian Tax Reforms Supported By OECD

Lorys Charalambous, Tax-News.com, Cyprus

18 March 2015


Continuing its drive towards fiscal and economic reform, Tunisia has signed two conventions with the Organisation for Economic Co-operation and Development (OECD).

The conventions deal with reform of tax collection and payment systems and aim to support the young to become economically active, and tax-compliant, through training and new tax incentives. The OECD has previously noted that the system of taxation in Tunisia is unduly complex and tends to involve higher income taxes and social security contributions, both of which discourage employment.

The 2015 Finance Bill sought to address some of these issues and the OECD hopes these efforts will continue. The OECD said: "Putting in place a transparent and balanced tax system will build a stronger citizen-state relationship, creating a more accountable government and a more engaged population."

TAGS: tax | training | employees | Organisation for Economic Co-operation and Development (OECD) | social economy | agreements | unemployment | social security | Tunisia

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