Morocco to Raise Alcohol Taxes, Driving Up Prices in 2024
14 November 2020
Alcohol will cost more next year in Morocco. This price increase follows the increase in the tax on alcoholic beverages provided for in the draft finance law.
Taxes
Morocco Unveils Tax Amnesty Plan to Ease Economic Strain Amid Pandemic
14 November 2020
An amendment has been introduced in the 2021 Finance Bill to cancel penalties and surcharges on taxes prior to January 1 and unpaid as of December 31, 2020. This amnesty is (…)
Morocco Revises Property Tax Laws: Key Changes for Homeowners and Businesses
12 November 2020
The draft law 07-20 on taxation in Morocco is once again coming to the fore. It was analyzed and adopted during the government council on Thursday, November 5.
Thousands of Moroccan Officials Face Dismissal Over Undeclared Assets
11 November 2020
In total, 89,070 declarations have been filed in the various financial jurisdictions of the Kingdom. This means that thousands of people have not yet taken the necessary steps.
Morocco’s 2021 Budget Forecasts Sharp Decline in Tax Revenue Amid COVID-19 Impact
1 November 2020
A significant drop in tax revenues is expected according to the forecasts of the 2021 Finance Bill (PLF). As could be expected, the adverse effects of the health crisis due to (…)
Morocco Launches Crackdown on Unpaid Fines, Justice Minister Announces
31 October 2020
The Minister of Justice, stated before the House of Representatives that a strategy is being put in place to make the operations of recovering fines and pecuniary convictions (…)
Tax Authorities Target Social Media Influencers’ Undeclared Income
27 October 2020
Opinion makers on the web, influencers often enjoy large incomes that escape the tax authorities. Without legal status, they do not declare their income and represent a large (…)
Morocco Tax Authority Prioritizes Corrective Declarations, Offers Amnesty Until December 15
27 October 2020
The DGI attaches more importance to the corrective declaration, which obliges the Moroccan taxpayer to file it within ten days, once the statement of irregularities has been (…)
Morocco Introduces New Tire Tax for Imported Vehicles in 2021
21 October 2020
Owners 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.
Morocco to Introduce New Regulations for Real Estate Developers
18 October 2020
The battle of the National Federation of Real Estate Developers is about to be won. The finalization of the "developer" status is on the right track.