- Tax targets wealthy residents
- 0.5% on domestic and foreign assets
- Move may help tackle tax evasion
Tunisia has approved a new wealth tax targeting high-net-worth residents, a move that should broaden the tax base and ease strains on state finances.
The heavily indebted country cut ties with the International Monetary Fund last February after refusing a $1.9 billion IMF loan package in 2023.
Under the tax, which lawmakers approved in December as part of a 2026 finance bill, residents will pay a 0.5 percent tax on domestic…