In the sense that it affects, with some exceptions, all goods and services sold regardless of their origin or imported products.
On the other hand, exported products are exempt from Sales tax in Tunisia. They support, in principle, the Sales tax of the destination country of Tunisian exports according to the principle known as border compensation which exempts exports and taxes imports.
Likewise, the company establishes its Sales tax statement and settles its situation with regard to the tax authorities in a global way taking into account all the transactions carried out and not in detail operation by operation or product by product. A visit to taxfyle.com/sales-tax-calculator is important in this important.
Sales tax is the tax with the greatest yield in the structure of Tunisian tax revenues
The yield of Sales tax places this tax at the top of taxes and duties in the nomenclature of the Tunisian tax system.
- With an annual yield of 2.388 billion dinars (2005 budget), Sales tax alone represents 31% of State tax revenues. Likewise, a point of Sales tax would bring in around 130 million dinars per fiscal year, which in the context represents a very high tax return.
Sales tax is a proportional tax paid according to the mechanism of split payments
General Sales tax mechanism
The Sales tax due by each taxable person is determined by making the difference between:
- + Sales tax charged on sales (downstream)
- (-) Sales tax incurred on purchases (input)
- = Sales tax due
When the recoverable Sales tax is higher than the collected (invoiced) Sales tax, the position of the taxable person is in Sales tax credit. The Sales tax credit for one month is deducted from the Sales tax collected for the following month, and so on from month to month.
The Sales tax collected corresponds to the Sales tax on sales to customers and the Sales tax on taxable deliveries to oneself.
Recoverable Sales tax includes all Sales tax invoiced by taxable suppliers on all purchases of goods, services and investments made by the company and entering into its operation as well as Sales tax on self-delivery of tangible fixed assets. However, the Sales tax charged on certain goods and services is expressly excluded from the right of deduction.
Description of the split payment mechanism
At each value stage, the taxable person:
- recovers the Sales tax incurred on all of its consumption,
- subjects the sale price to Sales tax,
So on from one taxable person to the next in the economic circuit up to the final consumer.
The difference between the Sales tax recovered and the Sales tax collected on sales is the value created or added by the business multiplied by the Sales tax tax rate.
This split payment system, where each participant in the circuit pays Sales tax only on the fraction of value that it has created, results in Sales tax always representing the same percentage of the sale price regardless of the number of taxable persons involved in the circuit of the product sold.