Contrary to what had been announced, the Domestic Consumption Tax (TIC) is still set at 900 DH/hectolitre while the specific tax is maintained at 1DH/litre for bars. The VAT applied to cafes, on the other hand, has been reduced to 10%.
Contrary to the information relayed by L’Economiste , and cited by Bladi.net , the Directorate General of Taxes (DGI) has not signed any agreement with the Federation of Real Estate Developers (FNPI).
Major changes will take place with the arrival of the new Finance Law 2020 . Among the reforms implemented by the Moroccan government, the increase of one of the VAT brackets from 7% to 10%.
The Domestic Consumption Tax (TIC) on sodas and sweetened beverages will increase as of January 2020, but this will not be the case for VAT.
The government can breathe a sigh of relief. Tax revenues collected at the beginning of this year are in the green with a strong increase of more than 11% compared to the same period last year.