Like other professions, textile companies now have their own tax agreement as part of the provisions of the 2020 Finance Act. They benefit from the cancellation of increases, fines, penalties and exemption from tax audits.
Delinquent taxpayers covered by the tax amnesty still have a little over three weeks to regularize their situation.
An amendment has been introduced in the 2021 Finance Bill to cancel penalties and surcharges on taxes prior to January 1 and unpaid as of December 31, 2020. This amnesty is part of the measures enacted by the government to mitigate the impact of the economic crisis due to the coronavirus pandemic on the situation of taxpayers.
The amnesty on late payment penalties, fines and collection fees related to 2016 and prior has come into effect. It covers all companies affiliated with the CNSS and who undertake to settle their debts owed to the Fund according to a mutually agreed schedule for the accumulated debts.
Long promised by the government, the tax amnesty for blank checks has become a reality thanks to the entry into force of the decree-law that reduces the amounts of penalties to lift the ban on checkbooks.
Bank defaulters are about to regain the ability to issue checks again. A draft law, endorsed on Tuesday by the Commission on Productive Sectors, proposes to drastically reduce tax penalties.
Six months after the implementation of the amnesty on checks without provision, the assessment shows that more than 200,000 offenders have regularized their situation by paying a liberatory contribution.
The Directorate General of Taxes (DGI) has signed an agreement with the Order of Architects. In total, 1,400 professionals out of 3,500 have joined the tax amnesty.
The tax amnesty has entered its operational phase. The Directorate General of Taxes (DGI) has disseminated all the forms dedicated to its subscription.
Foreign currency accounts, authorized for residents and persons who have subscribed to the exchange regulation amnesty, can only be fed by resources from abroad.
Abdellatif Jouahri, Governor of Bank Al-Maghrib (BAM), during a press conference, called on Moroccans holding undeclared assets or property abroad to regularize their situation.
The Directorate General of Taxes (DGI) and the Federation of Real Estate Developers have just signed an agreement. This will allow real estate developers to regularize their tax situation through a spontaneous liberating settlement of an amount varying according to the turnover excluding taxes.