If cigarette prices have gone up in Morocco, it is first because of the state, just declared the CEO of the Moroccan Tobacco Company (SMT), Antoine Dutheil de la Rochere.
During a press conference held in Rabat, the CEO justified this price by the increase in taxes. "We are not in a very high price evolution. It is true that it is a shock for all Moroccans, but this is a state decision. As we are a civic-minded company, we respect this decision."
According to Antoine Dutheil, taxation (…)
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Cigarette Prices Surge in Morocco as Government Raises Tobacco Taxes
10 April 2019, by Kamal -
Morocco Plans Major Local Tax Reform to Boost Revenue and Simplify System
16 April 2019, by KamalLocal taxation will undergo a comprehensive overhaul, aimed at establishing a tax regime accessible to the taxpayer, and replenishing the coffers of local authorities, which are still lacking in resources.
All professionals in the sector, including the administration, agree on the impact of the tax burden on the climate of trust between the taxpayer and the administration, and its repercussions on municipal revenues, considered lower than the average of countries with an equivalent (…) -
Morocco Delays Disaster Solidarity Tax Amid Government Disagreements
21 April 2019, by KamalThe solidarity tax against disasters was not adopted at the Council of Government on Thursday, April 18, due to a lack of consensus within the majority parties.
Heated debates, around the value of the tax rate related to the compensation fund, forced Saad Eddine El Othmani to postpone the approval of the new solidarity tax against disasters.
The fund, which will benefit from an 80% contribution from the State, is not about to see the light of day, due to differences of opinion on the (…) -
Morocco Launches Tax Probe into Unexplained Wealth of Officials’ Mistresses
22 April 2019, by Bladi.netA vast operation has been carried out by the financial control services in order to audit the assets belonging to mistresses of senior Moroccan officials.
Citing Assabah, Le360 reports that this "control comes after the observation of the excessive wealth of these women who hold various real estate and staggering bank accounts". Citing informed sources, the news site suggests that "some of them have been able to amass large fortunes, acquire real estate and luxury cars in record time". (…) -
Morocco Introduces New Tire Tax for Imported Vehicles in 2021
21 October 2020, by KamalOwners of more than two motorized vehicles will have to dig into their pockets in 2021. The new Finance Act 2021 indeed provides for a new tax on vehicle tires.
According to the 2021 Finance Act, a new tax will be applied on imported new tires, starting next January. The tax, estimated at 3 dirhams per kilogram, concerns both motorcycle and car tires.
Knowing that the new increase will be automatically passed on to the final consumer, two-wheeler users will be led to think twice before (…) -
Morocco Releases 2021 General Tax Code: Key Updates for Businesses and Individuals
11 January 2021, by GinetteThe 2021 CGI consists of a first book grouping the rules of assessment, collection and penalties in the matter of Corporate Income Tax (IS), Income Tax (IR), Value Added Tax (VAT) and Registration Duties (DE).
As for the second book, it is related to tax procedures and includes the rules of control and litigation of the aforementioned taxes. It also relates to other duties and taxes.
The third book is devoted to stamp duties, the annual special tax on vehicles (TSAV), the social (…) -
Morocco Resumes Tax Account Freezes After Temporary Suspension
23 April 2019, by KamalIt was only a truce, but necessary this time. The suspension of Third Party Notices (ATD) was not permanent, the moratorium has made it possible to better frame the scope of this provision.
A note from the Directorate General of Taxes (DGI) has just denied the rumors that ATDs have been permanently suspended. The moratorium, decided on March 11, was supposed to serve to better frame this provision in the interest of the tax authorities and the taxpayer.
Henceforth, the ATD procedure (…) -
Morocco Considers New Wealth Tax to Promote Economic Fairness
24 April 2019, by AmineThe CESE has just put back on the table the question of the need for fair taxation, taking into account, among other things, certain types of assets that the council believes should be subject to taxation.
The Economic, Social and Environmental Council or CESE is an independent advisory Moroccan institution created in 2011 (by royal decree) with the aim of carrying out studies and proposals to the Moroccan government and the two chambers of Parliament. And the CESE has proposed! Indeed, (…) -
Moroccan Tax Revenues Surge 11.8% in First Quarter, Boosting Government Finances
24 April 2019, by SaidThe government can breathe a sigh of relief. Tax revenues collected at the beginning of this year are in the green with a strong increase of more than 11% compared to the same period last year.
These revenues show 63.5 billion dirhams in the first quarter, an increase of 11.8%, reports the newspaper l’Economiste. These performances are explained by the good income from direct and indirect taxes, but also from the expenditure side which, although it has increased, only shows "6.6%" at 58.6 (…) -
Moroccan Business Group Proposes 20% Corporate Tax to Boost Economy
29 April 2019, by KamalThe General Confederation of Moroccan Enterprises (CGEM) has proposed a tax reform plan that should boost the morale of businesses and households, and allow a real economic recovery, if approved by the government.
Bringing the corporate tax (IS) to 20% instead of 31% would, according to the CGEM, relaunch economic competitiveness and GDP growth. Applied over a 4-5 year period, this revision should be done progressively to reach 15% in the long term, thus imitating the success recorded in (…)