Morocco’s Corporate Tax Exemption Law Sparks Confusion Over Eligibility
9 January 2020
The French and Arabic versions of the 2020 Finance Act measure give different interpretations of the five-year exemption from corporate tax (IS).
Taxes
Morocco’s Annual Vehicle Tax Rates Unchanged for 2020
4 January 2020
From January 1 to 31, 2020, motorists will have to pay the annual special tax on motor vehicles (TSAV), known as the sticker. This year, prices remain unchanged for all categories.
Morocco Reverses Tax Exemption for Retirees in Budget Bill Amendment
12 December 2019
The Minister of Finance, Mohamed Benchaâboun, has just canceled the measure of total exemption from income tax (IR) for retirees, before the finance committee of the first (…)
Morocco Doubles Tax Audit Threshold to 240,000 Dirhams
11 December 2019
The Directorate General of Taxes (DGI) has revised the taxpayer’s overall income based on expenses, making a few changes.
Morocco to Receive Foreign Bank Account Data in Tax Crackdown
3 December 2019
The General Directorate of Taxes (DGI) intends to put an end to tax havens. In this sense, it will receive details of accounts abroad as of September 1, 2021 due to the (…)
Morocco Debates Alcohol Tax Hike Amid Concerns Over Illegal Trade
30 November 2019
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 (…)
Morocco Revises Tax Policy: Landlords to Pay Income Tax Only on Collected Rent
23 November 2019
Landlords’ Income Tax (IR) on rental income will now only be paid on rents received. This is one of the new measures just adopted by the tax authorities.
Morocco Approves Tax Reforms for 2020, Including Corporate and Income Tax Changes
20 November 2019
The House of Representatives has approved new measures that will govern taxation for the year 2020, pending the results of the international Road show which plans to raise one (…)
Morocco Boosts Tax Breaks for Professional Athletes, Citing Short Careers
10 November 2019
Professional athletes will see the flat-rate deduction on their employment income increase from 40 to 50%. This provision, contained in the 2020 Finance Bill (PLF), was (…)
Morocco Modernizes Customs System to Combat Tax Evasion and Smuggling
2 November 2019
A convention to acquire a new integrated and secure marking system has been signed between the Customs and Indirect Taxes Administration (ADII) and the company SICPA SA. This (…)