2026 Budget Law Project: New Contributions for Financial and Automotive Sectors
The 2026 budget law project plans to introduce mandatory contributions for banks, financial institutions, insurance and reinsurance companies, as well as car dealerships, in order to strengthen the financing of social funds and various public programs.
Key Provisions
According to Article 20 of the 2026 Budget Law Project, these economic actors will be subject to a 4% contribution on taxable profits, with a minimum amount of 10,000 dinars per establishment, starting from January 1, 2026. This contribution will be collected in the same manner as corporate tax and cannot be deducted from the tax base.
Automotive Sector Tax
For the automotive sector, a specific tax of 2 dinars per rented car will be introduced for car rental companies, to be paid monthly, similar to VAT. These resources will be used to diversify the financing sources of social security, in addition to other tax measures affecting real estate, sales tickets, large retail invoices, and certain tourist and leisure activities.
Government Objectives
The government's stated objective is to consolidate social funds while mobilizing new resources from sectors capable of contributing financially, without directly affecting the state budget. However, observers note that this measure could increase costs for final consumers and weigh on the profitability of the affected companies.
Potential Impact
The introduction of these new contributions is expected to have a significant impact on the financial and automotive sectors, and may lead to increased prices for consumers. The government will need to carefully monitor the effects of these measures to ensure that they achieve their intended objectives without causing undue harm to the economy.
