11 April 2021
The new law 55-19 relating to the simplification of administrative procedures and formalities grants certain facilities to client-users, indicates a circular published by the (…)
8 April 2021
The Directorate General of Taxes has noted a divergent evolution of revenues from corporate income tax (CIT) and personal income tax (PIT) revenues. While CIT is down 13.2%, (…)
7 April 2021
The PJD parliamentary group in the House of Representatives, faced with the concern of Moroccans residing abroad (MREs), calls for a meeting of the Finance Committee in order (…)
6 April 2021
Fearing sanctions for non-declaration of bank accounts they hold in Morocco in their countries of residence or host countries before September 2021, many Moroccans living (…)
21 March 2021
As part of the OECD’s international tax conventions, all Moroccans residing abroad are required to include their bank accounts held in Morocco in their tax returns. This (…)
13 March 2021
The Office Chérifien des Phosphates (OCP) lost its battle against its local competitor, Mosaic, which had initiated, under the Trump administration, a procedure for the (…)
5 March 2021
Listed in the FATF gray list, Morocco must reorganize its system. The informal sector, crowned by underreporting, lack of invoices, smuggling, must be reduced as soon as possible.
3 March 2021
In addition to Morocco’s exit from the EU’s gray list and its monitoring to exit the FATF gray list, another essential norm for the Moroccan economy is at stake. This is the (…)
27 February 2021
The General Treasury of the Kingdom (TGR) has decided to encourage taxpayers to pay tax and duty arrears and other debts owed to the State and local authorities, issued before (…)
19 February 2021
The House of Councillors has just voted a law to reduce the tax fines on checks from 20% to 1.5% of the check amount. Only people affected by the health crisis are concerned by (…)