Morocco Raises Corporate Social Solidarity Tax Rates for 2022

This contribution will be applied to companies subject to corporate tax (IS), whose net profit is equal to or greater than one million dirhams, indicates the presentation note of the 2022 Finance Act.

Also, this measure excludes companies permanently exempt from corporate tax, those operating in industrial acceleration zones, or service companies located in Casablanca Finance City.

While they were between 1.5 and 3.5% in 2021, the rates of this contribution will range from 2 to 5% in the 2022 Finance Act, namely 2% for companies whose net profit is between 1,000,000 and 5,000,000 dirhams, 3% for companies whose net profit is between 5,000,001 and 40,000,000 dirhams and 5% for companies whose net profit exceeds 40,000,000 dirhams.