New Tax Reform in Morocco

Having been recently adopted by the Council of Ministers headed by His Majesty the King of Morocco, the draft framework law on tax reform is ready to begin its legislative path toward becoming law. The tax reform will be implemented over a period of five years and consists of ten flagship and priority themes. Within the framework of this tax reform, we will discuss the priorities to be considered, the methods used to achieve the objectives, and the date of the framework law’s implementation.

 

PRIORITIES

Morocco has set the following priorities to update its tax policy:

 

FUNDAMENTAL OBJECTIVES 

On the premise of key priorities mentioned above, this reform aims to achieve the fundamental objectives such as:

 

IMPLEMENTATION

The objectives and the priority measures implementation will be established through the following methods:

 

DATE OF EFFECT

The State of Morocco undertakes to:

The legalities of tax are changing rapidly. If you have any legal queries reach out to the best tax lawyers at Fotislaw International.