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Keywords: Value Added Tax


Increase in Tax Revenues by 24.6% by End of January 2025

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......

 The 2025 General Tax Code A New Milestone in Tax Reform

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......

Moroccan Customs Revenues Surge to Over MAD 20 Billion in Q1 2024

In a testament to Morocco's strong economic performance, the Kingdom's General Treasury (TGR) has reported that net customs revenues soared to a remarkable MAD 20 billion ($2 billion) in the first quarter of 2024, marking a 1.8% increase compared to the same period the previous year. According......

Moroccan Parliament Advances Controversial 2024 Budget Bill

On Wednesday, Morocco's Lower House took a pivotal step in the approval process for the 2024 Finance Bill, amidst heated discussions on proposed tax reforms. In a narrow decision, lawmakers pushed the budgetary legislation forward in a second reading, garnering support from 87 members of parliament,......

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