Tax & Accountancy
From The Report: Morocco 2018
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In conjunction with KPMG, this chapter contains an introduction to Morocco’s taxation system, including a breakdown of rates imposed on corporate income, regulations governing capital gains and double taxation, and a list of goods and services exempted from value-added tax.

This chapter contains a viewpoint from Fouad Lahgazi, Senior Partner, KPMG.

Articles from this Chapter

Overview

Not so taxing: Legislative changes introduce a range of tax reductions and exemptions to stimulate investment and innovation
OBG
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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 development, and nurture private investment, and small and medium-sized enterprises. The Finance Law…

Viewpoint

Up to speed: Fouad Lahgazi, Senior Partner, KPMG, on the implementation of legislation to support the digitalisation of the tax system
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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 criteria determined by the administration. Furthermore, they must meet the requirements provided…