{"id":466018,"date":"2019-05-10T13:44:15","date_gmt":"2019-05-10T13:44:15","guid":{"rendered":"https:\/\/kapitalafrik.com\/?p=466018"},"modified":"2019-05-10T13:44:15","modified_gmt":"2019-05-10T13:44:15","slug":"in-morocco-the-tax-cow-cow-employee","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/05\/10\/in-morocco-the-tax-cow-cow-employee\/","title":{"rendered":"In Morocco, the tax cow cow employee"},"content":{"rendered":"
<\/div>

The third tax meeting closed Saturday in Skhirat (25 km southwest of Rabat) resulted in 20 major recommendations (see list below). These meetings led by the Ministry of Finance have highlighted some of the major tax imbalances roayaume. Thus, as recalled by the Minister of Finance, Mohamed Bench\u00e2aboun, 50% of the revenues of the three taxes combined (IR, IS and VAT) come from only 140 companies.<\/p>\n

Only 1% of companies pay 80% of corporate tax revenues (IS). According to the minister, 84 companies pay 50% of the IS. These same companies represent only 28% of the total turnover and 40% of the total added value, specifies the scientific committee chaired by the former Minister of Finance, Mohamed Berrada.<\/p>\n

In addition, 73% of Income Tax (IR) income comes from wages, with the liberal professions being 5%. Like most tax systems in emerging countries, it is the middle classes and, in particular, the employees, who constitute the fiscal framework of Morocco. An employee contributes tax 5 times a professional.<\/p>\n

\n

20 major recommendations<\/strong><\/h3>\n

– Respect for the basic economic and social rights of taxpayers.<\/p>\n

-Fiscal law must be part of the general rules of law.<\/p>\n

– Equality before and by the tax.<\/p>\n

– The preservation of macroeconomic balances.<\/p>\n

– Tax fairness by dedicating in particular the principle of global income, broadening the scope of VAT to all economic activities, unifying and harmonizing the rules of base, standardizing the tax treatment of capital gains, …<\/p>\n

– The duty of transparency and the right to information.<\/p>\n

-The legal certainty of the taxpayer.<\/p>\n

– The balance of rights between the taxpayer and the Administration.<\/p>\n

– The grouping of all taxes in the same code.<\/p>\n

– The rationalization of tax incentives.<\/p>\n

– Effective redistribution through taxation.<\/p>\n

– Strengthening social cohesion.<\/p>\n

– The general revision of local taxation.<\/p>\n

– The revision of the rates and standard methods of determining the tax.<\/p>\n

-Integration of the informal.<\/p>\n

– The unification and harmonization of the tax rules (bases, rates, deductions and deductions).<\/p>\n

– New approaches for a better adherence to the tax.<\/p>\n

– Continuation of modernization and dematerialization efforts.<\/p>\n

– The fight against corruption.<\/p>\n

– The establishment of a national council of compulsory levies.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

The third tax meeting closed Saturday in Skhirat (25 km southwest of Rabat) resulted in 20 major recommendations (see list below). These meetings led by the Ministry of Finance have highlighted some of the major tax imbalances roayaume. Thus, as recalled by the Minister of Finance, Mohamed Bench\u00e2aboun, 50% of the revenues of the three<\/p>\n","protected":false},"author":527180,"featured_media":466020,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12046],"tags":[12340,12965],"class_list":["post-466018","post","type-post","status-publish","format-aside","has-post-thumbnail","category-leaders-en","tag-morocco-en","tag-tax","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"\nIn Morocco, the tax cow cow employee - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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