The tax administration has issued a new joint note n°14 regarding country-by-country reporting for transfer pricing. This joint note outlines the conditions and required cases for the submission of the country-by-country report.

This declaration is mandatory for any parent company :

• established in Tunisia
• having international subsidiaries
• required to present consolidated financial statements
• presenting a consolidated turnover of 1.636 million dinars or more.

The penalty for failing to submit this declaration, for missing information, or for errors in the declaration may reach 50,000 TND.

The declaration must be submitted within twelve months following the fiscal year-end, using a model established by the tax administration, which is annexed to joint note n°14/2020.

The application of this declaration starts from January 1, 2020.