Taxes

Articles

• 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 (…)

• Moroccan Expats Eligible for VAT Refunds on Vacation Purchases, Customs Clarifies
  6 July 2023, by Said

  Many Moroccans residing abroad make purchases when they are on vacation in Morocco. Can these purchases be subject to a tax refund, i.e. can the buyers be reimbursed the Value Added Tax (VAT)? Here is the response from Moroccan customs.
  "MREs visiting Morocco can get a refund of the value added tax (VAT) paid on non-commercial purchases intended for use abroad. VAT refund can be claimed for goods purchased on the same day, from the same approved seller, and for an amount of two thousand (…)

• Moroccan Billionaires Dodge $120 Million in Taxes Through Festival Sponsorships
  18 July 2019, by Kamal

  The tax evasion known in the business world in Rabat means that several companies and Moroccan billionaires have avoided paying more than 1.2 billion dirhams in taxes, thus accumulating huge fortunes.
  According to the daily Al Massae, companies and major personalities are trying to justify the accumulated billions by subsidizing festivals and artistic activities. Contributions that the newspaper describes as derisory, compared to the amounts of tax royalties.
  This shortfall is (…)

• Morocco Debates Alcohol Tax Hike Amid Concerns Over Illegal Trade
  30 November 2019, by Rédacteur

  Advisors to the Second Chamber of Parliament expressed their disagreement during the examination of the 2020 Finance Bill (PLF) regarding the increase in the tax on alcoholic beverages in Morocco. A decision that, according to them, would have negative repercussions.
  "A significant number of Moroccans are alcohol consumers. If the tax on alcoholic beverages is increased, it would encourage illegal trade," argued Touria Lahrach, advisor to the Democratic Confederation of Labor (CDT) group, (…)

• 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 (…)

• 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 (…)