Taxes

Articles

• Moroccan Customs Uncovers Massive Tax Evasion Scheme Using Fake Companies
  12 April, by Said

  The Moroccan customs and tax authorities are investigating several fictitious companies suspected of fraud. These companies are said to have used false documents and altered customs declarations to avoid taxes and facilitate illegal fund transfers abroad.
  The case began after regional checks revealed major irregularities. The inspections showed that these companies used various fraudulent documents (addresses, rental contracts, proof of origin of goods) to conceal their true identity and (…)

• Morocco Labor Talks Stall as Government, Unions Clash Over Wages and Taxes
  27 September 2022, by Ginette

  The honeymoon between the government and the trade union centers is over. While the first phase of the negotiations took place in a relaxed atmosphere, disagreements have emerged during the second round on certain key issues such as wage increases or the level of income tax (IR).
  The agreement between the executive and the social partners will only be made on the implementation of the IR as of 2023. For the other points on the list of demands, the government would not be on the same (…)

• Morocco Intensifies Crackdown on Informal Economy to Boost Tax Revenue
  3 March, by Sylvanus

  The fight against the informal economy remains the battle horse of the Directorate General of Taxes (DGI). In this sense, it has adopted a new strategy.
  The DGI classifies the informal economy into two distinct categories. On the one hand, the structural informal economy: this category includes players generating significant profits without contributing to the state’s tax revenues, thus causing considerable losses to the general treasury of the kingdom. On the other hand, the subsistence (…)

• US to Review Tariffs on Moroccan Phosphate Fertilizers, Potentially Easing Trade Tensions
  3 April, by Sylvanus

  Since 2021, the imposition of countervailing duties on Moroccan phosphate fertilizers has created trade tensions. Washington could once again review these duties.
  Towards a reduction or even elimination of the levies? According to the U.S. Department of Commerce, there will be the opening of a new administrative review on the countervailing duties applied to phosphate fertilizers from Morocco. This review concerns the case C-714-001 relating to Moroccan phosphate fertilizers, of which the (…)

• Self-Employed Workers in Morocco to Benefit from New Tax Cuts and Reduced Penalties
  6 January 2019, by Said

  The Directorate General of Taxes (DGI) has just recalled, in a press release, the provisions of the 2019 Finance Act providing for two new tax measures in favor of self-employed workers.
  Thus, there is a reduction in the income tax (IR) rates applicable to the turnover collected by the self-employed worker. He is subject to income tax according to one of the new liberatory rates, either 0.5% instead of 1% for commercial, industrial and craft activities and 1% instead of 2% for service (…)

• Moroccan Tax Official and Accomplice Accused of $3.9 Million Embezzlement Scheme
  2 March 2019, by Amine

  An investigation has just been opened by the Regional Brigade of the Judicial Police, in Rabat, targeting two people, in a case of embezzlement of public funds and money laundering. One of these two people is a principal tax collector in the tax administration.
  So far, according to the DGSN, the investigation has revealed among other things that the tax collector was paying large sums of money into the "front company" account of the other suspect. The pretext to legitimize these payments (…)

• EU Keeps Morocco on Tax Haven ’Grey List’, Demands Reforms
  13 March 2019, by Said

  Morocco narrowly escapes the European Union (EU) blacklist of tax havens this year by committing to carry out several reforms by the end of 2019.
  While the international NGO Oxfam had campaigned for the integration of the kingdom into the new blacklist, the Europeans have given it a new chance but it must, to do so, reform several tax laws to be in compliance with European regulations.
  "These jurisdictions have not implemented the commitments they had made to the EU within the agreed (…)

• Morocco to Eliminate Tariffs on European Wine Imports, Local Producers Concerned
  23 March 2019, by Amine

  Morocco plans, by January 1, 2022, to eliminate the customs duties imposed on imports of European wines, reducing them from 14.7% to 0%. And this does not please local operators in the sector.
  This planned tariff dismantling would have the consequence, according to La Vie Eco, of flooding the local market with imported wines, while national consumption of imported wines is currently only 8% relative to total consumption in Morocco.
  This decision to eliminate the customs duties imposed (…)

• Attijariwafa Bank Breaks Record with Nearly 1 Million Transactions in January
  10 February 2020, by Bladi.net

  The "Attijariwafa bank" group has distinguished itself for the fifth consecutive year, with 976,000 stickers cashed in at the end of January.
  According to a press release from the bank, the figures, as of January 31, 2020, show a total of 976,000 stickers cashed, compared to 911,000 in 2019, thanks to the Group’s digital and physical channels, including the Wafacash network and the proximity network affiliated with the Fawatir brand.
  With this feat, the group once again demonstrates its (…)

• Morocco Sets March 2 Deadline for Online Rental Income Declaration
  1 March 2020, by Bladi.net

  The final deadline to complete the online declaration requirement is set for Monday, March 2, 2020, according to the tax authorities.
  The online declaration requirement applies to both tenants and landlords. The date originally set for February 29 for this procedure has been postponed to March 2, as the final deadline coincides with a weekend this year.
  The measure applies exclusively to individuals renting out a property to legal entities or individuals whose professional income is (…)