Morocco
Morocco Introduces New Tire Tax for Imported Vehicles in 2021
Owners of more than two motorized vehicles will have to dig into their pockets in 2021. The new Finance Act 2021 indeed provides for a new tax on vehicle tires.
Topic
Taxes
Morocco
Morocco to Introduce New Regulations for Real Estate Developers
The battle of the National Federation of Real Estate Developers is about to be won. The finalization of the "developer" status is on the right track.
Morocco
Morocco Raises Taxes on Alcohol and Tobacco to Boost Revenue and Combat Addiction
To raise more financial resources and also fight alcoholism and smoking, the government wants to step up. In this perspective, it is preparing to increase the domestic consumption tax (TIC) applicable to alcoholic beverages and beer and tobacco.
Morocco
Morocco Introduces New Social Tax for 2021 Amid Pandemic Recovery Efforts
The Moroccan government has instituted in the new draft finance law a fairly significant contribution that will be imposed on companies and employees in the public and private sectors.
Morocco
Morocco's Real Estate Developers Reach Tax Agreement with Government
Relations between real estate developers and the tax authorities are on good terms. The agreement signed at the beginning of the year between the National Federation of Real Estate Developers (FNPI) and the tax administration is now effective.
Morocco
Morocco to Introduce Single Professional Tax for Small Businesses in 2021
The Moroccan government has put back on the table the single tax for flat-rate payers. A Single Professional Contribution (CPU) will thus be set up in 2021.
Morocco
Moroccan Outdoor Advertising Industry Faces Crisis: 10,000 Jobs at Risk Due to COVID-19
According to the Moroccan Association of Advertising Companies (AMAP), more than 10,000 jobs are threatened by the Covid-19 pandemic that persists. Professionals in the sector are calling for immediate exemption from royalties.
Morocco
Massive Alcohol Smuggling Bust in Marrakech: Thousands of Illegal Bottles Seized
A joint security commission carried out searches in several classified restaurants and alcohol depots in Marrakech. The harvest is striking.
Morocco
Morocco's Tax Revenue Drops 7.7% as Customs and Domestic Taxes Decline
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.
Morocco
Morocco Scraps Tourist Tax, Sparking Debate on Industry Recovery and Fairness
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.
Morocco
COVID-19 Relief: Local Tax Exemptions for Businesses Affected by Pandemic
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.
Morocco
Morocco Cuts Public Institution Payment Times to 40 Days, Urban Agencies Lead Improvement
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.