Morocco
Morocco Delays Decision on New Housing Subsidies for First-Time Buyers
The approval of the draft decree on housing assistance was postponed by the government council at its meeting on Monday.
Topic
Finance Bill (2025 Morocco)
Morocco
Morocco's Alcohol Tax Revenue Surges to 867 Million Dirhams in First Half of 2023
In six months, tax revenues from alcohol have seen a significant increase, reaching over 800 million dirhams. This is what the quarterly report on the execution of the 2023 Finance Act indicates.
Morocco
Morocco Delays Direct Aid Program for First-Time Homebuyers
While it was announced for December, then for January 2023, the decree setting the amount and procedures for granting direct financial aid to first-time home buyers is delayed. This aid was initially announced in the budget framework note.
Morocco
Morocco's Illegal Sand Trade: High-Ranking Officials Linked to Unregulated Quarries
High-ranking officials are among the "clandestine" operators of sand quarries who market poor quality sand throughout Morocco. Moreover, this activity escapes the taxation imposed in the 2023 finance law.
Morocco
Morocco Spent 22 Billion Dirhams on Gas Subsidies in 2022, Finance Ministry Reports
The subsidies granted for gas cost the state budget 22 billion dirhams last year, according to data provided by the Ministry of Finance.
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
Morocco's Treasury Debt Nears 1 Trillion Dirhams, Up 8% from 2021
For the year 2022 that is coming to an end, the Treasury’s debt would be around 958 billion dirhams (BMDH), while in 2021 it was 885 BMDH, according to Attijari Global Research (AGR).
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 to Boost Mohammed VI Investment Fund to 150 Billion Dirhams
Launched in 2020 on royal instructions, the Mohammed VI Investment Fund will be strengthened to finance certain major projects, according to the Delegate Minister in charge of Investment, Convergence and Evaluation of Public Policies, Mohcine Jazouli.
Morocco
Casablanca Lawyers Extend Strike Over New Tax Measures, Delaying Court Cases
Many pending cases before the Casablanca court will have to wait. Members of the Bar Council have decided to continue the strike of protest against the new tax measures of the 2023 Finance Act .
Morocco
Moroccan Tax Authorities Crack Down on Influencers' Undeclared Income
Moroccan influencers are summoned by the Directorate General of Taxes (DGI) to declare their income and pay their taxes. They have received reminder letters, certainly the last warning before the repression phase.
Morocco
Morocco's Used Car Market Set to Surge as New Vehicle Sales Stall
The 2023 Finance Bill (PLF) announces a 33.36% increase in transfer tax revenue (real estate, vehicles, etc.). Prospects seem promising for the used car market.