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Keywords: Tax


Far-right Vox proposes tax plan to curb foreign home purchases in Spain

Spain’s far-right political party, Vox, has unveiled a plan to introduce a "dissuasive tax regime" aimed at limiting property purchases by foreigners, while also attributing the country's housing crisis to illegal immigration. These measures are part of a broader strategy to prioritize......

Morocco’s tax authority refers major fake invoice network to prosecutors

Morocco’s General Directorate of Taxes (DGI) has referred a large-scale case involving falsified invoices to the public prosecutor’s office, following investigations that uncovered an extensive network of fraud. According to informed sources, the legal affairs division of the DGI completed......

Tax savings in Andorra: Why moving from Spain might be worth it

Relocating to Andorra could significantly reduce your tax burden compared to living in Spain, especially if you’re a high-earner or self-employed. Nestled in the Pyrenees between Spain and France, this small, independent country offers not only breathtaking landscapes and outdoor activities but......

Morocco’s customs revenue rises to MAD 65 billion amid economic recovery

Morocco’s customs revenue reached MAD 65 billion ($7.22 billion) by August 2025, marking an 8.3% increase compared to the same period last year, according to the Moroccan treasury’s latest report. This growth reflects the country’s ongoing economic recovery and increased import activity. Revenue......

US tourism declines by 3 million visitors under Trump’s presidency

The United States has seen a notable decline in international tourism, with over 3 million fewer visitors in the first seven months of 2025, marking a 1.6% drop compared to the same period last year. Experts attribute this downturn to the policies and rhetoric of Donald Trump's administration following......

Lebanon’s Finance Ministry defends fuel tax before State council

Lebanon’s Finance Minister, Yassine Jaber, has formally submitted a statement to the State Council defending the government’s decision to impose a tax on certain fuels and allocate the revenue to support the Lebanese army, according to an informed source at the Finance Ministry. The minister......

Morocco’s customs revenue rises 5.8% in first seven months of 2025

Morocco’s customs revenue reached MAD 54.79 billion ($6.09 billion) during the first seven months of 2025, marking a 5.8% year-over-year increase, according to data from the Treasury General of the Kingdom (TGR). This steady growth underscores the resilience of Morocco’s fiscal revenue from......

South Korea: Around fifty foreigners investigated for real estate tax fraud

The South Korean National Tax Service (NTS) announced that 49 foreign nationals are currently under investigation for tax fraud related to the acquisition or ownership of high-value real estate without paying the applicable taxes. Twelve nationalities are represented among the suspects, with nearly......

Morocco’s tax amnesty program slows cash circulation growth in 2024

Morocco’s tax amnesty program significantly slowed the growth of cash in circulation in 2024, according to Bank Al-Maghrib’s (BAM) annual financial report. The initiative, launched by the General Directorate of Taxes, reduced the growth rate of banknotes and coins in circulation to 8%, down......