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Harris Advocates for Tax on Unrealized Stock Gains for Ultra-Wealthy

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......

Moroccan Families Benefit from Tax-Free School Essentials

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......

Kamala Harris's Economic Tightrope: Navigating Challenges as Presidential Contender

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......

Morocco to Ease Income Tax Burden Amid Broad Reforms

The Moroccan government is poised to implement significant income tax reforms aimed at reducing the financial burden on workers while ensuring the persistence of crucial social support programs. This announcement was made by Fouzi Lekjaa, the Minister Delegate to the Minister of Economy and Finance,......

Morocco's Fiscal Outlook: Fitch Ratings Predicts Deficit Reduction by 2026

Projected Spending Cuts and Fiscal Strategies Signal Optimism Amid Challenges Morocco is on a path to reduce its fiscal deficit over the next few years, according to a new report from Fitch Ratings. The credit rating agency forecasts that the North African nation’s fiscal deficit will decrease......

Morocco Streamlines Export Procedures with Online Issuance of Certificates of Origin for African Continental Free Trade Area

In a pioneering move set to revolutionize Morocco's trade relations with its African counterparts, the Customs and Indirect Tax Administration (ADII) has announced the digitalization of the application process for certificates of origin for Moroccan products destined for export to countries within......

Mineral Water Tax Boosts Local Government Revenues

Recent figures released by the Ministry of Interior have revealed a remarkable surge in revenues from mineral and table water sources, benefiting local authorities. Revenues soared from 170.3 million dirhams in 2022 to an astonishing 803.2 million dirhams in 2023. According to the Economic, Social and......

Hunter Biden's Firearm Conviction: A Blow to the President's Re-Election Bid

In a legal saga that has captivated the nation, Hunter Biden, the son of President Joe Biden, has been convicted on charges related to the unlawful purchase and possession of a firearm. The conviction comes at a pivotal moment, just months before his father's bid for re-election, casting a shadow......

Paris Peace Forum Urges Swift Climate Action and North-South Equity

Benguerir, Morocco - The Paris Peace Forum, renowned for fostering global governance and cooperation, held its Spring Meeting outside Europe for the first time, choosing the University Mohammed VI Polytechnic (UM6P) in Morocco as its venue. The event underscored the pressing need for equitable solutions......