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Keywords: VAT
The Moroccan tax administration has announced the launch of a new digital platform dedicated to the collection of Value Added Tax (VAT) on remote digital services provided by foreign companies operating in the Moroccan market. According to the General Directorate of Taxes, the “Taxation on digital......
Russia’s fiscal position has deteriorated sharply in early 2026, forcing the government to introduce emergency measures as revenues fall and spending rises. The federal budget deficit reached 4.6 trillion rubles, or about 58.8 billion dollars, in the first quarter alone, already exceeding the full......
The Moroccan General Directorate of Taxes (DGI) has released the 2026 edition of the General Tax Code (CGI), updating the previous 2025 version to incorporate the changes introduced by Finance Law No. 50-25 for the 2026 fiscal year, enacted on December 10, 2025. The updated code is organized into three......
Casablanca, Morocco – Moroccan customs authorities have halted two ships carrying 4,500 Brazilian cattle at the port of Casablanca, demanding payment of 20 million Moroccan dirhams (MAD) in value-added tax (VAT). The move has reignited debate over the taxation of livestock imports. The vessels,......
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......
The Ministry of Economy and Finance (MEF) reported that tax revenues reached 30.79 billion dirhams (MMDH) by the end of January 2025, marking an increase of 24.6% compared to the same period in 2024. In its recent Treasury Charges and Resources document (SCRT), the ministry emphasized that the revenues......
Inflation has seen a surprising surge, reaching its highest point in almost a year, according to official data. The latest report from the Office for National Statistics (ONS) reveals that inflation has spiked to 3% in January, up from 2.5% the previous month. Economists had anticipated a smaller increase......
The General Tax Directorate (DGI) has published the 2025 General Tax Code (CGI), which introduces important updates to the 2024 edition. These revisions are in line with the changes introduced by the Finance Law No. 60-24. The new CGI is structured into three volumes, each addressing different aspects......
In a significant move to alleviate financial pressures on families, the Moroccan government has announced a comprehensive Value-Added Tax (VAT) exemption on a wide array of school supplies. This initiative, spanning 36 essential items, marks a pivotal shift in the country's approach to education-related......