Taxes

Articles

• Morocco’s Tax Revenues Plummet Amid Sharp Decline in Non-Tax Income
  7 July 2020, by Ginette

  The General Treasury of the Kingdom (TGR), in its monthly bulletin of local finance statistics, indicated that non-tax revenues reached 1.76 billion dirhams (MMDH) at the end of May 2020, a decrease of 32.9% compared to 2019.
  According to the TGR, this development is the result of the "72.2% decrease in trust funds, 38.5% in the fee for temporary occupation of the municipal public domain, 36.9% in domain revenues and 14.6% in subsidies". It points out that the drop in subsidies is due to (…)

• Morocco’s Subsidy Costs Drop as Butane Gas Prices Fall
  21 July 2020, by Bladi.net

  According to the compensation fund, the cost of the butane gas subsidy amounted to more than 4.23 billion DH at the end of May 2020, down 6% compared to 2019. This decline is notably justified by the drop in butane gas prices in May and consequently the decline in unit subsidy prices by 68% compared to the same month of 2019. This price decrease was also accompanied by a 6% drop in distributed volumes.
  As for the compensation cost for sugar, both in quantity and value, it decreased by 7% (…)

• Morocco Simplifies Property Tax Clearance with New Online System
  21 July 2020, by Bladi.net

  The General Directorate of Local Authorities (TGR) wants to relax the conditions for obtaining the tax clearance certificate. From November 1, 2020, a single click will allow you to obtain this certificate of payment of taxes and duties levied on the property, subject to transfer or sale, online.
  The dematerialization of the process of processing requests and issuing these certificates of payment of taxes and duties, better known as the "tax clearance certificate", is now effective. This (…)

• Morocco Cuts Public Institution Payment Times to 40 Days, Urban Agencies Lead Improvement
  1 August 2020, by Bladi.net

  The government is improving the payment deadlines for public institutions over the years. While it was around 50.6 days in June 2019, the average was set at 40.58 days at the end of June 2020.
  According to the statistics of the Observatory of Payment Deadlines, the Urban Agency of Al Hoceima is at the top of the list of good payers for the month of June, with an average declared deadline of 2 days. It is followed by the Central Guarantee Fund (CCG, 3 days) and the Urban Agency of El (…)

• COVID-19 Relief: Local Tax Exemptions for Businesses Affected by Pandemic
  17 August 2020, by Jérôme

  People affected by the pandemic are exempt from taxes and fees due to the municipality. This is the decision of the Ministry of the Interior which provides details on the activities and categories covered.
  To benefit from these exemptions, the persons concerned must contact the tax services and prove the cessation of their activities during the second quarter and the beginning of the third quarter of 2020. The circular note from the Ministry of the Interior attributes this decision to the (…)

• Morocco Scraps Tourist Tax, Sparking Debate on Industry Recovery and Fairness
  19 August 2020, by Sylvanus

  The government council has canceled the tourist production tax for Moroccan tourism professionals in order to revive the sector. Looking closer, this amnesty seems to benefit only the bad payers.
  No more tourist production tax for 2020 and previous years. Tourism professionals who are already up to date see this decision in a bad light, as it clearly only benefits those who do not pay it, reports L’Économiste. There are several reasons behind this exemption. First, the health crisis (…)

• Deadline Looms for Declaring Liquid Assets in Morocco: December 15 Final Date
  31 August 2020, by Ginette

  This is the second time the authorities have extended the deadline set for the persons concerned to fall into line. This is a provision that has also been published in the official bulletin. Extended for the first time until August 31, due to the state of health emergency, the people concerned have more than three months to comply with this measure introduced in the amended finance law. And only professional income is covered by this regularization, reports challenge.ma.
  For those wishing (…)

• Sound Energy Faces $14 Million Tax Reassessment Over License Changes
  4 September 2020, by Jérôme

  The tax audit concerns the 2016, 2017 and 2018 fiscal years. For the gas explorer, the notification from the tax administration has assessed additional tax liabilities for corporate income tax and value-added tax totaling around $14 million due to license changes, reports Maroc Hebdo.
  The license changes detailed in the notification concern the Tendrara Lakbir permit and the transfer of interests from Sound Energy Morocco SARL to Sound Energy Morocco East Limited. This assessment stems (…)

• Morocco’s Tax Revenue Drops 7.7% as Customs and Domestic Taxes Decline
  17 September 2020, by Jérôme

  The Kingdom’s gross tax revenues fell by 7.7% at the end of August. This is due to the decline in customs revenues and domestic taxation.
  Customs revenues fell by 12.5% and domestic taxation by 5.8%, explains the TGR in its recent Monthly Bulletin of Public Finance Statistics (BMSFP).
  Net customs revenues amounted to 36.2 billion dirhams, given tax refunds, rebates and restitutions of 67 million dirhams (MDH) at the end of August 2020, the same source specifies.
  As for the net (…)

• Massive Alcohol Smuggling Bust in Marrakech: Thousands of Illegal Bottles Seized
  17 September 2020, by Jérôme

  A joint security commission carried out searches in several classified restaurants and alcohol depots in Marrakech. The harvest is striking.
  This operation was organized "in order to verify the customs status of alcoholic beverage blends and their compliance with health and safety standards," says a statement from the General Directorate of National Security (DGSN).
  The actions led to the seizure of 62,000 expired beer bottles, 2,937 bottles of alcohol bearing no tax stamp or bearing (…)