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Keywords: Tax Reform
In Morocco, cigarette prices have once again surged as of April 1, 2025. This increase predominantly affects local brands, particularly those produced by the Société marocaine des tabacs (SMT). The price hike ranges from 1 to 3 dirhams, depending on the brand. For instance, the cost of......
Morocco is set to implement significant price increases on cigarettes in 2025, with entry-level brands bearing the brunt of the adjustment as part of the government's broader tax reform strategy. The move aims to create a more balanced tobacco market by reducing the price disparity between budget......
The Moroccan government has unveiled a comprehensive wage and tax reform package set to take effect in 2025, aimed at boosting purchasing power and stimulating domestic consumption amid inflationary pressures. Starting January 1, 2025, the guaranteed minimum interprofessional wage (SMIG) will increase......
Morocco’s 2025 Finance Bill introduces significant tax reforms, offering relief to retirees by gradually eliminating income tax on pensions and annuities. Starting in 2025, retirees will benefit from a 50% reduction in taxes, with a complete exemption slated for January 2026. Government spokesperson......
Morocco's parliament is taking bold steps toward modernizing its tax system through a comprehensive Finance Bill that targets consumable goods with significant public health implications. The proposed legislation, discussed in a recent ministerial council session led by King Mohammad VI, aims to......
Morocco has embarked on a monumental journey of tax reform, unveiling a series of groundbreaking initiatives set to redefine its fiscal landscape and catalyze economic prosperity. These sweeping reforms, spanning from the simplification of the Value-Added Tax (VAT) regime to the promotion of philanthropic......
Minister of Economy Nadia Fettah Alaoui assured Moroccan citizens on Tuesday that the government's tax overhaul for 2024 will not diminish their purchasing power. Addressing concerns raised by the Supreme Audit Board before parliament, Nadia Fettah Alaoui confidently stated that the proposed VAT......
The Court of Auditors is sounding the alarm. In its annual report released on December 19, the institution warns of the potential effects of tax reform on household budgets. Initiated by Law 69-19, this overhaul aimed to establish a fairer tax system while generating resources to fund public policies.......