Tax & Accountancy
From The Report: Morocco 2019
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Written in conjunction with Ernst & Young, this chapter explores the taxation system and Morroco’s efforts to build an investor-friendly environment. It also contains an interview with Abdelmejid Faiz, Tax Partner, EY Maroc.

Articles from this Chapter

Overview

New developments: The 2019 Finance Law introduces important changes to taxation
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The 2019 Finance Law was published in the Official Bulletin No. 6736 bis on December 21, 2018, and promulgated by Dahir (royal decree) No. 1-18-104 of December 20, 2018. The law introduces a number of tax developments, including changes to income tax for corporations and self-employed individuals, real estate investment and tax incentives for offshore companies. Corporate Income Tax The 2019 Finance Law revises the progressive scale for corporate income tax that was established in 2018.…

Overview

Enhanced clarity: Abdelmejid Faiz, Tax Partner, EY Maroc, on developments under way in the fiscal environment
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Interview:Abdelmejid Faiz What is your assessment of the fiscal environment? ABDELMEJID FAIZ: Morocco gradually reduced its nominal tax rate in the 2000s, while also introducing a series of exemptions for several sectors. Concurrent to these incentives, the administration embarked on a process of modernisation and dematerialisation of almost all administrative procedures. As a result, the quality of our tax environment is rather attractive. However, the international context has changed for…