Morocco

Morocco

Corporate taxation under the 2012 Finance Law

16 May 2012

The 2012 Finance Law, inter alia, provides for the imposition in 2012 of a tax equal to 1.5 percent of the net profit for firms that make between 50 million and 100 million dirhams in net annual gains. Firms with annual net profits above 100 million dirhams will be subject to a 2.5 percent tax on their net profit in 2012.

Nature of measure:
  • Treatment and operation
Type:
  • Treatment and operation (Other)
Industry:
  • Not industry specific
Inward FDI:
No
Outward FDI:
No
Sources: