The recent introduction of a 20% tax on rental income earned by landlord-owners in Morocco, aimed at simplifying taxation and broadening the tax base, will have a negative impact on the real estate market, more specifically on the sector’s stakeholders.
In Morocco, the tax amnesty on undeclared assets for the year 2024 allows the regularization of a record amount of 125 billion DH.
While the tax amnesty aimed at regularizing undeclared liquid assets has resulted in an injection of 60 billion dirhams into the Moroccan banking system, the structural challenges related to banking liquidity persist.
Spanish companies are rushing more towards Morocco where environmental and tax regulations seem more flexible than those of the European Union.
The tax amnesty on undeclared assets for the year 2024 in Morocco has exceeded all expectations. The Minister Delegate to the Parliament, Mustapha Baitas, announced a collected amount of 127 billion dirhams, shattering the initial forecasts.
The Directorate General of Taxes (DGI) is tracking down fraudulent doctors and engineers. They have been subjected to tax audits, after the tax administration noted significant discrepancies between the declared income and the high expenses incurred, particularly during vacations abroad.
The 2024 tax amnesty in Morocco brought in more than 100 billion dirhams. A record amount that remains to be confirmed by official sources.
The Directorate General of Taxes (DGI) has just launched a control of social media influencers, as well as certain liberal professions.
In Morocco, Economic Interest Groupings (GIEs) and Partnerships will now pay corporate tax. The measure has been in effect since January 1, 2025.
100 billion dirhams. This is the total amount of assets declared under the tax amnesty in Morocco as of January 1, 2025.
New increase in cigarette prices in Morocco, mainly affecting entry-level brands, known as "value" brands. Some packs see their price increase by 0.5 to 2 dirhams, while premium brands are mostly spared.
The Directorate General of Taxes (DGI) of Morocco has announced a modification of the penalties for late payment of invoices. And it’s rather good news.