Taxes

Articles

• Morocco Launches Tax Crackdown on Social Media Influencers
  5 January, by Sylvanus

  The Directorate General of Taxes (DGI) has just launched a control of social media influencers, as well as certain liberal professions.
  In Morocco, influencers are in the sights of the tax authorities. "Tax inspectors are currently tracking down professionals of tax fraud on social networks," reports the daily Assabah. According to sources, "this hunt aims to verify the proportionality between the income declared by individuals and their liquid assets." It has indeed been found that some (…)

• Former IMF Chief Strauss-Kahn Linked to Offshore Firms in "Pandora Papers" Leak
  5 October 2021, by Sylvanus

  The former IMF Managing Director, Dominique Strauss-Kahn, is cited in the "Pandora Papers" investigation - these documents obtained by the International Consortium of Investigative Journalists (ICIJ) - for having relocated his consulting firm to Casablanca before transferring it to the United Arab Emirates.
  The Cash Investigation program aired an investigation into the activities and location of the company of the former socialist minister, Dominique Strauss-Kahn, who has reinvented (…)

• Cash Investigation Probes DSK’s Tax Strategies and Moroccan Business Dealings
  7 October 2021, by Prince

  "DSK, investigation into a man of influence." This is the title of the "Cash Investigation" magazine that will be broadcast this Thursday, October 7 at 9 pm on France 2. The program is devoted to the former French Minister of Economy, Finance and Industry, who is said to have made huge tax savings by creating the company Parnasse International in Morocco in 2013 under a special tax regime granted to foreign companies registered in the Casablanca City Finance (CFC) free zone. These are exempt (…)

• Morocco Debates Tax Reform for Self-Employed Workers in 2024 Budget
  11 November 2023, by Sylvanus

  In the Moroccan Parliament, opposition groups have proposed amendments to the 2024 Finance Bill (PLF), one of which aims to encourage engagement in the organized economy and improve the attractiveness of the self-employed system.
  One of the opposition groups’ proposed amendments to the 2024 Finance Bill is an argument in favor of self-employed workers subject to income tax based on their annual turnover, set at 1%. If they achieve an annual turnover for services provided to the same (…)

• Morocco Labor Talks Stall as Government, Unions Clash Over Wages and Taxes
  27 September 2022, by Ginette

  The honeymoon between the government and the trade union centers is over. While the first phase of the negotiations took place in a relaxed atmosphere, disagreements have emerged during the second round on certain key issues such as wage increases or the level of income tax (IR).
  The agreement between the executive and the social partners will only be made on the implementation of the IR as of 2023. For the other points on the list of demands, the government would not be on the same (…)

• Changes for the self-employed status in Morocco
  13 November 2024, by Said

  The status of self-employment in Morocco is the subject of debates in Parliament. At issue, the fragile balance between administrative simplification and the fight against tax evasion.
  Thus, the turnover threshold triggering a flat rate of 30% for services provided to the same client could be raised. Currently set at 80,000 dirhams, this threshold could be increased to 100,000 dirhams, following a proposal from the parliamentary majority, reports Economiste. Other political groups go (…)

• Moroccan Customs Uncovers Massive Tax Evasion Scheme Using Fake Companies
  12 April, by Said

  The Moroccan customs and tax authorities are investigating several fictitious companies suspected of fraud. These companies are said to have used false documents and altered customs declarations to avoid taxes and facilitate illegal fund transfers abroad.
  The case began after regional checks revealed major irregularities. The inspections showed that these companies used various fraudulent documents (addresses, rental contracts, proof of origin of goods) to conceal their true identity and (…)

• US to Review Tariffs on Moroccan Phosphate Fertilizers, Potentially Easing Trade Tensions
  3 April, by Sylvanus

  Since 2021, the imposition of countervailing duties on Moroccan phosphate fertilizers has created trade tensions. Washington could once again review these duties.
  Towards a reduction or even elimination of the levies? According to the U.S. Department of Commerce, there will be the opening of a new administrative review on the countervailing duties applied to phosphate fertilizers from Morocco. This review concerns the case C-714-001 relating to Moroccan phosphate fertilizers, of which the (…)

• Moroccan Tax Authorities Target High-Earning Social Media Influencers
  25 March 2021, by Ginette

  Moroccan influencers have started flaunting their wealth on social media, piquing the curiosity of tax officials who reveal that they have evidence "that most of these influencers prefer to be paid in cash to avoid having a trace of their financial transactions," reports Hespress.
  Some influencers can "receive millions of dirhams," since they "do not declare their annual income." The Directorate of Taxes has decided to put an end to "the anarchy on social networks" by legally dissecting (…)

• Morocco Clarifies: Expats Not Required to Declare Moroccan Bank Accounts Abroad
  25 March 2021, by Prince

  In a statement published on Wednesday, the DGI denied these false information published on social media, which state that MREs are required to declare their bank accounts in Morocco to the tax authorities of their country of residence as of 2021. According to these media, the multilateral convention on tax treaties BEPS signed in June 2019 by Morocco would provide for an automatic exchange of information between the signatory countries.
  However, the automatic exchange of information is not (…)