Morocco Offers Tax Relief to Struggling Tourism Sector Amid Pandemic

– byJérôme · 1 min read
Morocco Offers Tax Relief to Struggling Tourism Sector Amid Pandemic

The Directorate General of Taxes (DGI) is rushing to the aid of the tourism sector, one of the most affected by the coronavirus crisis and a major provider of foreign exchange and jobs.

The announcement was made by Khalid Zazou, acting director general of taxes, following his meeting with CGEM members, reports L’Économiste. The official stressed that under Article 236 of the CGI, the Minister of Finance or the tax administration is empowered to grant taxpayers a waiver of surcharges, fines and penalties for late filing or payment of taxes, exceeding the law.

This decision comes at a time when the National Federation of the Hotel Industry (FNIH) is proposing a moratorium on taxes due to the situation facing mainly tourism companies, across all sectors.

However, requests for cancellation of surcharges will have to be justified, said Mr. Zazou, stressing that "we are in a situation where the tax authorities will not pry into the accounts of tourism companies." He also specified that his administration had lowered its guard with regard to tax audits and collection for the year 2020.