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This article also features in Not so taxing: Legislative changes introduce a range of tax reductions and exemptions to stimulate investment and innovation. Read more about this report and view purchase options in our online store.

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There were 27 results found for Morocco and Taxation

There were 27 results found.
Overview

Legislative changes introduces range of tax reductions and incentives to Morocco
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Given the frame of reference and the national and international context, the Finance Law of 2018 seeks to address a number of priority areas. These include the support of public services such as education and health care, as well as the stimulation of employment and the reduction of geographic inequality, particularly the urban-rural divide. Furthermore, the Law seeks to encourage industrial…

Country Report

The Report: Morocco 2018
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Morocco’s economy is diversified, particularly relative to many other countries in the MENA region. Both the agricultural and the tourism sectors are major contributors to economy, with the former generating 40% of the employment and the latter accounting for roughly 8% of GDP. Manufacturing industries, including textiles, automotive and aeronautics, are also highly developed. In addition, the k

Viewpoint

Fouad Lahgazi, Senior Partner, KPMG: Viewpoint
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Viewpoint:Fouad Lahgazi The Finance Law of 2018 has laid out a number of new procedures that are set to further digitalise and simplify existing provisions, and bring the kingdom’s tax regime up to speed with international regulations. Taxpayers and entities operating in sectors that have yet to be defined by regulations are obliged to adopt a billing software system that meets the technical…

Overview

A guide to the main tax measures adoped by Morocco's new Finance Law of 2016
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As part of the numerous reforms that have made Morocco an economic model in the region, the Finance Law for 2016 is the next step in the implementation of profound tax reforms initiated by the government following the work carried out during the national conference on taxation held in Skhirat in April 2013. As published in the Official Bulletin No. 6423, Finance Law 70-15 (Law 70-15), enacted by Decree…

Viewpoint

Kamal Mokdad, Managing Partner; and Asma Charki, Partner, Mazars Morocco, on Casablanca Finance City (CFC): Viewpoint
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Driven by the goal of becoming an economic and financial centre for investors and international institutions, Morocco is today proud of the achievements of CFC. It even exceeded Johannesburg on the Global Financial Centers Index (GFCI) in 2016. CFC ranked 33rd out of 86 cities worldwide, against 44th in 2015, ahead of Johannesburg at 51st. Nearly six years after its creation, CFC is considered the…

Chapter

The Report: Morocco 2016: Tax
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This chapter provides an overview of Morocco’s taxation system and examines its investor-friendly business environment. This chapter contains an interview with Kamal Mokdad, Managing Partner; and a viewpoint from Asma Charki, Partner, Mazars Morocco, on Casablanca Finance City.…

Country Report

The Report: Morocco 2016
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Morocco’s economy is well diversified, particularly relative to many countries in the MENA region. Tourism is a substantial contributor, generating nearly $6bn (€5.4bn) in annual revenues, as is the agricultural sector, which can be susceptible to variations in rainfall. Manufacturing industries include textiles, automotive and aeronautics, while recent years have seen the expansion of the ICT

Country Report

The Report: Morocco 2015
OBG
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Classified as a lower-middle-income country by the World Bank, the Moroccan economy is more than 50% made up of services, followed by 26% for industry and 15% for agriculture. Over the past three years, however, growth has been increasingly led by high value-added industrial sectors – especially in the automotive and aeronautics segments – and exports have begun to outpace imports. The recent

Chapter

The Report: Morocco 2015: Tax
OBG
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This chapter takes a closer look at the rules governing taxation in Morocco, examining in particular the changes made to pension insurance contracts and to the payment of value-added tax. It also contains a viewpoint by Kamal Mokdad, Managing Partner, Mazars Morocco.…

Viewpoint

Kamal Mokdad, Managing Partner, Mazars Morocco: Viewpoint
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Despite the difficult global economic environment, sub-Saharan Africa achieved strong growth of more than 5% in 2014, mainly supported by private and public investments of more than 23% of global GDP. This was accompanied by the expansion of trade, communications and other services. Morocco could not remain unmoved by the strong economic growth potential of the continent. Over the last decade,…

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