Tax
From The Report: Morocco 2013
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In conjunction with KPMG, OBG explores the taxation system, examining Morocco’s investor-friendly environment. OBG talks to Fouad Lahgazi, Senior Partner, KPMG, on new legislation governing public-private partnerships (PPPs).

Articles from this Chapter

Overview

Reforming legislation: A look at the kingdom’s new taxation law
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The 2013 Finance Law has been adopted in a difficult economic context, which makes balancing the budget and accounts an absolute priority. This law demonstrates the preparedness of the Moroccan authorities to pursue fiscal reform spread out over several years. The fiscal measures that have been introduced by the 2013 Finance Law meet the demand to both maintain socio-economic stability and improve the effectiveness of Morocco’s fiscal administration by way of tax reductions, strengthened social…

Viewpoint

Fouad Lahgazi, Senior Partner, KPMG, on new legislation governing public-private partnerships (PPPs)
OBG
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Historically, Moroccan authorities have called upon the private sector to partner on initiatives that are under the jurisdiction of the state and the local authorities. This has been an established practice for decades in public utilities such as water and electricity. Starting in the 1980s, the role of the private sector has grown substantially and has come to include a number of new areas including the collection of waste, management of sewage, urban transport, water and electricity supplies, port…