The main tax measures proposed in the 2025 Finance Bill are as follows:
Tax Measures on Income:
1. Revision of progressive income tax brackets:
- Increase the annual income exemption threshold from 30,000 to 40,000 dirhams, exempting salaries below 6,000 dirhams per month;
- Review other income tax brackets to widen them and reduce applicable rates by up to 50%;
- Reduce the marginal tax rate from 38% to 37%.
2. Increase in the annual deduction for family burdens.
3. Revision of conditions for exempting training compensation.
4. Improvement of income tax on real estate income.
5. Creation of a new category of taxable income covering:
- Income assessed under the review of the tax situation of individuals with unverified sources;
- Gains from games of chance, regardless of their nature;
- Various incomes and profits from profit-oriented operations not included in another income category.
6. Revision of taxation related to unclaimed supplementary pension contributions.
7. Clarification of the principle of taxing capital gains in expropriation processes.
Value Added Tax Measures:
1. Temporary VAT exemption on the import of certain live animals and agricultural products.
2. Increase the minimum VAT yield allocated to local budgets from 30% to 32%.
Registration Duty Measures:
- Clarification of tax applied to lease contracts exceeding 10 years;
- Imposition of a penalty for professionals failing to register electronically;
- Mandatory notary involvement for contracts with electronic signatures;
- Prohibition of property registrars from accepting contracts without a certificate from the tax authority;
- Exemption from registration duties for property transfers without compensation to families of national martyrs and military personnel.
Shared Measures:
- Incentive tax system for FIFA representation in Morocco;
- Include partnerships with over five partners under corporate tax liability;
- Clarify legal implications of electronic notifications;
- Regulate procedures for amicable agreements between administration and taxpayers.
Integration of Semi-Tax Duties:
1. Incorporation of regulations for the cement tax into the general tax code.
