VOL. XLIII
No. 41
9-OCTOBER-2000
TUNISIA
New Hydrocarbon Law
Tunisias new hydrocarbon law, which was promulgated on 20 August 1999 and made effective on 20 August 2000, contains a number of important amendments to the previous legislation (for the full provisions of the law, see http://www.etap.com.tn/hydroc/html/hydroc.htm). These amendments cover five main areas:
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Income Tax
In the new joint venture regime the rate of income tax is linked to participation by the Tunisian national oil company...
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