Real estate and construction professionals are awaiting the next government on many projects, including the relaunch of the social housing program and the implementation of a series of reforms to facilitate the rapid and sustainable recovery of activity after the health crisis.
Winner of the September 2021 legislative elections, the RNI has estimated its electoral program at 270 billion dirhams for the next five years. Tax expert and former president of the Hassan Premier University of Settat, Mohamed Rahj, analyzes this decision, following the promise of this party not to increase existing taxes and not to create an additional tax.
Morocco will start exchanging its tax data with the OECD starting next year. The measure follows the agreement signed in early July on a global minimum tax of 15%.
Nestlé Morocco has been subjected to a heavy tax reassessment. In total, one billion dirhams (110 million dollars) to be paid to the Moroccan tax administration.
Taxes on the consumption of alcohol and beer brought in about 619 million dirhams to the state’s accounts in the first half of 2021. This is indicated by data from the General Treasury of the Kingdom (TGR).
The law on tax reform has come into force in Morocco. This new legal framework will allow the authorities to effectively fight tax evasion , and above all, it is hoped, to achieve tax equity, guarantee equality for all before tax, strengthen the rights and mutual trust between taxpayers and the administration.
The counters of the General Treasury of the Kingdom (TGR) are exceptionally open on June 28 and 29 until 6 pm and on Wednesday, June 30 until 8 pm. The TGR announces that it has taken this measure to allow taxpayers to settle their taxes, duties and other public debts before July 1, 2021.
The Marrakech town hall is demanding the sum of 40 million dirhams from a canning factory. To better clarify the reasons for this request, the elements of the judicial police are conducting an investigation under the supervision of the public prosecutor’s office.
To help taxpayers better understand the amicable procedure within the framework of non-double taxation conventions, the Moroccan tax administration has just published a guide. This document mainly contains four main chapters.
The tax incentive expires on June 30 next. Anyone wishing to buy a home or vacant land will not be able to benefit from the total exemption from registration fees after this deadline.
The countdown has begun for taxpayers wishing to benefit from the total cancellation of fines, penalties, surcharges and collection costs related to the principal of taxes, duties and levies, which were subject to collection before January 1, 2020, and remained unpaid as of December 31, 2020. June 30, at midnight, is the deadline.
The Moroccan subsidiary of the British gas company Sound Energy is the subject of a tax reassessment concerning taxes and duties for the 2016-2017 period. The firm is contesting this reassessment, which caused its share price to plummet 17% on the London Stock Exchange on Tuesday.