Taxes

Morocco Waives Tax Penalties to Boost Payment of Overdue Debts

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 (…)

COVID Relief: Morocco Slashes Check Bounce Fines for Pandemic-Affected Individuals

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 (…)

Morocco Implements Income Tax Deduction for Pro Soccer Players and Coaches

19 February 2021

In accordance with the provisions of Finance Law No. 65-20 for the 2021 fiscal year, income tax is now withheld from the monthly salaries of professional players and national (…)

Morocco’s Cigarette Sales Surge 4.5% in 2020 Despite Pandemic

19 February 2021

Despite the health crisis, tobacco consumption in Morocco has not decreased. In 2020, 759 million packs of cigarettes were sold, an increase of 4.5% compared to the previous year.

Morocco Enforces Annual Self-Construction Cost Declarations for Homeowners

6 February 2021

Every year, anyone building their personal home must declare the construction cost before the end of February. This procedure concerns construction sites opened from January 1, (…)

Morocco Offers Tax Relief to Struggling Tourism Sector Amid Pandemic

4 February 2021

The Directorate General of Taxes (DGI) is rushing to the aid of the tourism sector, one of the most affected by the coronavirus crisis and a major provider of foreign exchange (…)

Moroccan Tax Authority Cracks Down on $3 Billion Fake Invoice Fraud

27 January 2021

The General Directorate of Taxes (DGI) is in open struggle against fake invoices. To better track down counterfeiters, it can now do without the Anti-Tax Fraud Commission and (…)

Morocco’s Budget Deficit Hits 7.6% of GDP Amid COVID-19 Economic Challenges

25 January 2021

The Ministry of Economy, Finance and Administrative Reform indicated that at the end of December 2020, the Amended Finance Act (LFR) revealed a budget deficit of 82.4 billion (…)

Moroccan Restaurant Industry Calls for Government Aid Amid Ongoing Crisis

18 January 2021

Through a letter addressed to several authorities, the Moroccan Confederation of Food Trades (CMMB) defends the interests of the restaurant sector, which has been severely (…)

Morocco’s Alcohol and Tobacco Taxes Yield $195 Million Despite Pandemic

14 January 2021

The domestic consumption tax (TIC) on alcohol and tobacco generated 1.95 billion DH for the state accounts, despite the health crisis.