Casablanca land scandal: tax authorities target undervalued property deals

An elected official from Nouaceur province, sitting within a local institution, now finds himself at the center of scrutiny. This politician transferred vast land parcels to real estate companies. Following these operations, an entrepreneur who acquired these plots has already undergone a major tax adjustment, forcing him to pay substantial sums to regularize his situation.

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These transfers of raw land raise serious questions about the valuation methods applied. Several of these transactions show sale prices deemed far below the actual market value at the time of the transactions. This glaring discrepancy directly targets obligations related to taxes on undeveloped parcels and transfer operations.

As the next legislative elections approach, this situation creates a genuine climate of tension. Building sector players and elected officials with land interests in the periphery of the economic capital, a sector experiencing frenzied urbanization, now fear the opening of new targeted investigations into properties exploited in recent years.

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The supervisory authorities have already proven their determination by launching extensive verification campaigns in the past. These procedures are part of a strict monitoring logic of declarations. According to information reported by Al3omk, the administration has moreover sent multiple collection notices to demand payment of arrears or proceed with new financial assessments.