Exempting Tunisian deposits and bonds of foreigners from taxes

The Tunisian government issued a new law that calls for exempting revenues from deposits and bonds made by foreigners from taxes.

A Tunisian official statement today said, "This law aims at encouraging foreign investments in the hard currency field."

It has also added that the revenues from deposits and bonds in hard currency or in Tunisian dinars became exempted from all kinds of taxes whether they were monetary deposits or treasury notes or bonds.

There is a specific plan underway by the Tunisian government to increase foreign investment and exploit the advantage of a growing Tunisian is market by attracting investment from foreign funds.