Morocco
Attijariwafa Bank Breaks Record with Nearly 1 Million Transactions in January
The "Attijariwafa bank" group has distinguished itself for the fifth consecutive year, with 976,000 stickers cashed in at the end of January.
Topic
Taxes
Spain
Ceuta Tightens Border Controls on Moroccan Construction Materials to Combat Smuggling
Since Wednesday, January 29, construction materials from Morocco are subject to control at the Ceuta border crossing. This is the decision made by the government of the autonomous city.
Morocco
Moroccan Film Center Clarifies New Visa Fee for Movie Screenings
The Moroccan Cinematographic Center (CCM) has provided clarification on the royalty on the cultural exploitation visa, following the controversy that arose in the ranks of producers.
Morocco
Morocco Introduces New Tax Rules for Rental Agreements, Deadline Looms
Tenants (legal entities under public or private law and natural persons) must now demand a mandatory declaration of option from landlords who will choose to pay the Income Tax (IT).
Morocco
Morocco's Mortgage Rates Climb to 5.69% Amid Banking Liquidity Shifts
Mortgage rates have risen by 35 basis points to 5.69%.
Morocco
Morocco Imposes 27% Tariff on Turkish Textile Imports to Protect Local Industry
Morocco has increased fees on Turkish textile imports since January 1st. This additional duty, worth 90% of the customs tariff, will be applied under the common law until December 31, 2021.
Morocco
Moroccan Customs Revenue Hits Record 103.7 Billion Dirhams in 2019
2019 was a prosperous year for the Moroccan customs. Indeed, it generated 103.7 billion DH in revenue, compared to 100.8 billion the previous year. At the meeting organized by Tijara 2020 on the provisions of the Finance Act, Nabyl Lakhdar, Director General of the Customs and Indirect Taxes Administration, shed light on some key figures.
Morocco
Morocco's Corporate Tax Exemption Law Sparks Confusion Over Eligibility
The French and Arabic versions of the 2020 Finance Act measure give different interpretations of the five-year exemption from corporate tax (IS).
Morocco
Morocco's Annual Vehicle Tax Rates Unchanged for 2020
From January 1 to 31, 2020, motorists will have to pay the annual special tax on motor vehicles (TSAV), known as the sticker. This year, prices remain unchanged for all categories.
Morocco
Morocco Reverses Tax Exemption for Retirees in Budget Bill Amendment
The Minister of Finance, Mohamed Benchaâboun, has just canceled the measure of total exemption from income tax (IR) for retirees, before the finance committee of the first chamber of Parliament. The latter met to proceed with the second reading of the Finance Bill (PLF).
Morocco
Morocco Doubles Tax Audit Threshold to 240,000 Dirhams
The Directorate General of Taxes (DGI) has revised the taxpayer’s overall income based on expenses, making a few changes.
Morocco
Morocco to Receive Foreign Bank Account Data in Tax Crackdown
The General Directorate of Taxes (DGI) intends to put an end to tax havens. In this sense, it will receive details of accounts abroad as of September 1, 2021 due to the expansion of the liberating contribution on money to bank deposits.