The 2023 Finance Act has established a new tax regime for income tax on property gains. The objective is to allow taxpayers planning to sell their real estate or related real rights to request a prior opinion from the Directorate General of Taxes (DGI) to determine the tax.
The Office of Foreign Exchange has just launched a large-scale audit operation targeting international financial transfers between owners and beneficiaries of real estate rentals via Airbnb.
The Russian online sports betting company 1xBet, which operates illegally in Morocco, is creating huge losses for the Moroccan Games and Sports Company (MDJS), the only company authorized to carry out this activity in the kingdom, as well as considerable losses for the state in terms of taxes and duties.
VAT fraud costs the state between 1 and 1.2 billion dirhams a year, revealed Younes Idrissi Kaitouni, the Director General of Taxes (DGI), during the presentation of his strategic plan for the 2024-2028 period.
In Morocco, small farmer operators exempt from taxes with a turnover of less than 5 million dirhams must now file an income tax return, the Directorate General of Taxes (DGI) recently recalled.
The serial closure of franchises in the major cities of Morocco worries Mohamed el Fane, the president of the Moroccan Franchise Federation (FMF). He calls on the state to support this sector that is dying.
In Morocco, companies and taxpayers must pay income tax (IR), corporate tax (IS), VAT and others before March 31. After this deadline, they are exposed to the penalties and sanctions provided for by the Directorate General of Taxes (DGI).
In Casablanca, the famous private beach, Tahiti Beach Club, has not been in operation since February 29, 2024. This is due to a decision by the local authorities.
Changes are in store for the duty-free shops. The Customs and Indirect Taxes Administration (ADII) and the Foreign Exchange Office have set new rules for their management and operation.
The Directorate General of Taxes (DGI) has just sent a formal notice to influencers who own assets or receive money from abroad, inviting them to declare them and pay the corresponding tax.
In Morocco, the taxation of rental income has undergone major changes since 2023. Changes that have a significant impact on the taxpayers concerned.
According to the 2024 Finance Act, non-resident service providers in Morocco are now required to register on the dedicated platform and obtain a tax identification number.