Tax System in Morocco

Yes, Morocco has a comprehensive tax system. Key components:

Personal Income Tax (IR)

• Residents taxed on worldwide income; non-residents on Moroccan-source income.
• Progressive rates: 0% (≤30,000 MAD) → 10% → 20% → 30% → 34% → 38% (>180,000 MAD).
• Deductions: personal allowance, dependents, social security (CNSS), professional expenses.
• Self-employment losses carried forward 4 years.

Corporate Tax (IS)

• Resident companies: 31% flat on worldwide income (20% for turnover <50M MAD; 37% for banks/insurance).
• Non-residents: 37% on Moroccan-source income (or 31% if permanent establishment).
• Loss carryforward: 5 years.

VAT (TVA)

• Standard: 20%.
• Reduced: 14% (certain foods, electricity, water), 7% (basic foodstuffs, medicines, books, public transport).
• Exports zero-rated; foreign businesses can claim refunds.

Other Taxes

• Customs duties (0–40% + para-fiscal taxes).
• Property tax (taxe urbaine, taxe foncière).
• Capital gains (20% on securities, real estate).
• Registration/stamp duties.
• Inheritance/gift tax (progressive, exemptions for direct line).
• Local taxes (communal services, business license).

Treaties

52+ double taxation treaties (France, Spain, UAE, Canada, etc.).