Taxes

Articles

• Morocco Launches Online Tax Discrepancy Reporting System for Taxpayers
  22 February 2020, by Ginette

  The "request for irregularities" form has just been launched. The DGI (General Directorate of Taxes) has posted it online to allow taxpayers to correct their tax returns.
  This document, made public by the Directorate General of Taxes, was finalized with the help of professionals in the sector. It will make it possible to correct large discrepancies between the figures declared by taxpayers and the data held by the administration through a procedure allowing to inquire about these (…)

• Real Estate Developers Protest Rising Taxes, Demand Reform to Combat Housing Costs
  25 February 2020, by Bladi.net

  The multiplication of taxes in the real estate sector is provoking a reaction from developers who are calling for the reduction of some of them and the elimination of others. They denounce the general and unconditional application of the Tax on Unbuilt Land (TTNB), ranging from 4 to 20 Dh/m2 for areas populated with buildings, and from 2 to 12 Dh/m2 for areas made up of villas.
  Faced with the multiplication of taxes in the real estate sector, developers propose a rearrangement of the (…)

• Moroccan Football Clubs Face Tax Crackdown as Deadline Looms
  5 March 2020, by Bladi.net

  Botola clubs will now have to pay their taxes or face retaliation from the tax authorities.
  At a meeting held this Tuesday, March 3 at its headquarters, the Royal Moroccan Football Federation (FRMF) asked football clubs to pay their taxes. The head of the governing body informed the executive committee of this.
  Fouzi Lekjaa has demanded that the clubs comply with the specifications set by the transformation of clubs (D1 and D2) into Sports Public Limited Companies (SAS).
  Henceforth, (…)

• Morocco’s Business Leaders Push for Professional Tax Reform Amid Economic Challenges
  25 March 2020, by Ginette

  Companies will have 60 days to pay this tax. According to l’Économiste, in the event of partial or total unemployment, Article 15 of the law on the taxation of local authorities provides for "the possibility of filing a declaration to be submitted no later than January 31, at the same time as the declaration of the elements of the professional tax base". And in the current case, it is too late to benefit from it, since the declaration of unemployment must be made before January 31.
  The (…)

• Morocco Extends Tax Deadlines for Businesses Impacted by Coronavirus
  28 March 2020, by Bladi.net

  The Directorate General of Taxes (DGI) has granted companies with a turnover of 20 million dirhams (MDH) or more, the staggering or postponement of tax payment, due to the impact of the coronavirus epidemic on economic activity.
  In a press release published on its website, the DGI explains that the benefit of these gracious measures is subject to an individualized examination of the requests, taking into account the circumstances invoked and the elements justifying the situation and the (…)

• Morocco Revises Car Insurance Policies: New Rules for Premium Payments and Renewals
  18 April 2020, by Bladi.net

  In a circular, the Moroccan Federation of Insurance and Reinsurance Companies (FMSAR) specified that policyholders will have to pay the overall premiums, including those covering the extension period, with the incumbent company at the time of renewal.
  It also stressed that the extension period corresponds to the duration between the contract end date and the date the insured is present with the intermediary to renew, without exceeding April 30.
  Adjustments have nevertheless been made to (…)

• Morocco Considers Unified Health Coverage Amid Calls for Post-Crisis Reforms
  27 April 2020, by Ginette

  FGD deputy and city councilor of Rabat Omar Balafrej, advocates for a unified medical coverage system. This was during a remote conference organized by the Democratic and Progressive Chabiba Movement, affiliated with the PSU, on its Facebook page.
  During this conference, the elected official explained that "the different systems currently in force only include a few categories of employees and professionals, while an even larger part is covered by the Medical Assistance Scheme". For him, (…)

• Morocco to Overhaul Flat-Rate Tax System for Small Businesses
  5 June 2020, by Sylvanus

  The flat-rate tax regime is likely to undergo changes, which will be carried out through the latest version of the draft supplementary finance law. It is a question of establishing a "single professional contribution" for individuals.
  The latest version of the draft supplementary finance law provides for the establishment of a "single professional contribution" targeting individuals whose professional income is determined according to the flat-rate regime, reports L’Économiste. (…)

• Morocco’s Tax Base Expands: Over 370,000 New Taxpayers Identified in 2019
  29 June 2020, by Prince

  According to the 2019 activity report of the Directorate General of Taxes (DGI), a total of 371,192 new taxpayers were identified in 2019 compared to 199,816 in 2018, an increase of 52%.
  The expansion of the tax base, combined with the DGI’s efforts to improve its mastery of the tax base, contributed to the 5% increase in spontaneous revenue over the 2018-2019 period, compared to 1.5% over the 2017-2018 period.
  According to the DGI, the automation of the management processes it has (…)

• Tourism Industry Faces Tax Crunch Amid Pandemic-Induced Losses
  30 June 2020, by Sylvanus

  Tourism professionals fear they will not be able to pay the professional tax due before June 30. And for good reason, the three months of inactivity and other tax deadlines.
  The payment of the professional tax (ex-patent) coincides with other tax deadlines: the regularization of IS for 2019, the payment of the 1st IS installment for those who had opted for the postponement of the 1st, the payment of the 2nd installment for taxpayers who did not request the exemption before June 15..., (…)