Morocco
Morocco to End 20% Income Tax Cap for Key Industries in 2025
In accordance with Article 3 of Law No. 69-19 on tax reform, the capping of income tax (IR) at 20% for certain companies will end in two years.
Topic
Taxes
Morocco
Morocco's Private Schools Threaten 5% Tuition Hike Amid Tax Increase on Teachers
Private schools in Morocco threaten to increase tuition fees by around 5%, which will allow them to recover the amount of income tax (IT) for part-time teachers, which has increased from 17 to 30% since January 1 of this year.
Morocco
Casablanca Tax Revenues Soar to Record 4.2 Billion Dirhams in 2022
Over the whole of 2022, the tax revenues of the city of Casablanca have increased sharply, reaching 4.2 billion dirhams against 3.6 billion dirhams a year earlier. A record.
Morocco
Morocco to Raise Cigarette Prices in 2024 as Part of Tax Increase
Cigarette pack prices will increase as of January 1 in Morocco , in accordance with the provisions relating to the increase in the domestic consumption tax (TIC) on tobacco.
Morocco
Morocco's Alcohol Tax Revenue Soars as Tourism Rebounds
Since last summer, revenue from fees on the consumption of alcoholic beverages has seen a strong increase, thanks in particular to the return of tourists to the kingdom.
Morocco
Billionaire Patrick Drahi Hit with $7.5 Billion Tax Bill in Switzerland
The Moroccan-born billionaire, Patrick Drahi, owner of SFR and BFM-TV, is the subject of a tax reassessment of 7.4 billion Swiss francs, or nearly 7.5 billion euros.
Morocco
Morocco Implements Tax Withholding for Doctors Amid Low Compliance Rates
In Morocco, few doctors pay their taxes. Based on this observation, the government is now opting for withholding at source for the income of all liberal professions, as the annual tax return has shown its limits.
Morocco
Morocco Eases Tax Burden: 2023 Finance Bill Offers Relief for Lawyers and Businesses
The Moroccan government has decided to ease a series of tax measures included in the 2023 finance bill, which will be examined and voted on by the House of Advisors starting this Monday, December 5, 2022.
Morocco
Morocco Cracks Down on Tax-Evading Social Media Influencers
The Directorate General of Taxes (DGI) has sent notifications to influencers and digital content creators who are not up to date with the tax authorities, urging them to regularize their situation.
Morocco
Morocco to Hike Taxes on Shisha and E-Cigarettes, Citing Health Concerns
Morocco intends to increase taxes on shisha and e-cigarettes. A decision motivated, it is said, by the concern to preserve the health of consumers, especially young Moroccans.
Morocco
Moroccan Banks Face 40% Tax Rate by 2026 as Government Expands Financial Sector Levies
In order to broaden the tax base, the government is considering taking new measures towards companies in the financial sector. Thus, from 2026, banks must bear a rate of 40% on their profits and pay an additional 5% for the social solidarity contribution.
Morocco
Morocco to Implement Income Tax on Social Media Influencers
The delegate minister in charge of the Budget, Fouzi Lekjaâ, provided clarification on the taxation of income earned by influencers.