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Keywords: Tax
Morocco has achieved a remarkable improvement in its global inequality standings, advancing 30 positions to secure the 73rd spot among 164 nations in the 2024 Commitment to Reducing Inequality Index, according to a joint report by Oxfam and Development Finance International (DFI). The North African......
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 is considering the implementation of a tax on real estate wealth as a means to finance its ambitious universal social protection program, according to a recent report by the Arab Reform Initiative. The study, titled "Property Taxes: Missed Opportunities for Funding Universal Social Protection......
In recent years, Dubai has emerged as a beacon for the world's wealthy, attracting a significant influx of high-net-worth individuals and businesses. This surge in popularity, reminiscent of London's Chelsea district in its heyday, has positioned the emirate as a prime destination for global......
The European Union's General Court has dealt a significant blow to Apple's financial fortunes, dismissing the tech giant's appeal against a €13 billion tax bill. This ruling upholds the European Commission's 2016 decision, which found that Ireland had granted illegal tax benefits......
Hunter Biden, the son of U.S. President Joe Biden, has surprised federal prosecutors by pleading guilty to all nine charges in his federal tax evasion case. This unexpected decision came just as jury selection was about to begin. Previously, Biden had consistently denied claims that he deliberately......
Vice President Kamala Harris has recently endorsed a Biden administration plan that includes a tax on unrealized stock gains, sparking debate among conservative pundits and Trump supporters who argue that the proposal amounts to socialism or communism. The plan aims to impose a tax on stock holdings......
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......
As Kamala Harris gains momentum in the United States presidential race, surpassing Republican opponent Donald Trump in polls across five crucial swing states, economic experts are raising concerns about the potential hurdles she may encounter in implementing her fiscal agenda. The year 2025 looms as......