c219 20:32 Royal Cabinet Statement: HM King Mohammed VI honors Moroccans and reaffirms Morocco’s African commitment 16:40 France seizes Russian oil tanker in Mediterranean, says Macron 16:20 Bordeaux prosecutor opens investigation into infant death linked to baby formula 16:00 Three killed in Australia shooting in new South Wales 15:40 Campaign begins ahead of Bangladesh’s February general election 15:20 Dijon school fire confirmed as retaliation linked to anti-drug operations 15:00 Spain records new rail accident as train hits crane near Cartagena 14:40 Türkiye’s international reserves surpass $200 billion for the first time 14:20 AFCON 2025 final: Senegalese student union denies any attacks in Morocco 14:00 Betharram school site to close, says catholic education official 13:30 Libyan army chief of staff’s plane did not explode midair, report says 13:00 Poland accuses Putin of war crimes as US envoy travels to Moscow 11:40 Tata chooses Morocco as strategic hub to expand defense market in Africa 11:20 Livret A sees first net outflow in a decade as savers turn elsewhere 11:00 Philippines: President faces citizen-led impeachment petition 10:40 Ubisoft shares plunge over 30% following cancellation of six games 10:20 Maritime Alert: Dangerous waves up to 8 meters hit Moroccan coasts 10:00 South Korea introduces world’s first comprehensive AI safety law 09:40 Zelensky travels to Davos Economic Forum amid scheduled Trump meeting 09:20 Japan suspends reactor at world’s largest nuclear power plant one day after restart 09:00 Pakistan: Deadly Karachi mall fire highlights safety and rescue failures 08:40 Venezuela’s interim president invited to the White House 08:20 Missing Russian swimmer identified after body found in Istanbul 08:00 Unexploded bomb prompts mass evacuation in German city 07:40 Australia observes national day of mourning for Bondi Beach shooting victims 07:20 More than eight million children out of school after nearly 500 days of conflict in Sudan 07:00 Car bomb attack kills five loyalist forces in southern Yemen
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Keywords: Tax


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......

Colombia Faces Unprecedented Tax Revenue Plunge, Necessitating Drastic Spending Cuts

Colombia finds itself in an unprecedented predicament with a historic decline in tax revenue collection, potentially forcing the government to implement significant spending cuts this year. This concerning revelation emerged on Friday from the Autonomous Committee for Fiscal Rules (Carf), a public entity......

French Tax Authorities Tighten Scrutiny on Crypto Investments

The world of cryptocurrencies is about to undergo a significant shift as the French government prepares to introduce a new anti-fraud law aimed at undeclared crypto investments. This legislative move comes as authorities seek to address a growing concern: a considerable number of French crypto holders......

Moroccan Government Announces Wage Increases and Tax Relief for Workers

The Moroccan government has unveiled a significant package of wage increases and tax reforms designed to improve the financial well-being of public sector employees and workers across various industries. This announcement follows a series of social dialogue meetings held in April, highlighting the government's......

Cryptocurrencies and Tax Obligations in 2024: What You Need to Know to Properly Declare Your Gains

Bitcoin reached new highs in March 2024, surpassing $72,000. While this performance is excellent news for cryptocurrency investors, it also raises questions about the tax obligations associated with these digital assets. With the recent evolution of legislation governing the management of crypto-assets,......

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