Major taxes provisions included in the Financial Law of 2008 |
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The state budget for 2008 contains several tax measures, some of it are eagerly awaited by the world of business. This is the case of redevelopment in the rate of corporate taxes (IS) which rose from 35% to 30%. The (SI) of banks will also be reduced to 37% against 39.6% at present. This reduction is related to credit establishments but also Bank Al-Maghrib, the CDG and insurance and reinsurance companies. The outline of the Financial Law of 2008 The Financial Law 2008, which expects a growth rate of 6.8%, is the establishment of conditions for a successful integration of the national economy in its environment to transform Morocco into a 'platform of investment and exports. The Financial Law of 2008 also provides several new taxes measures and customs. They are mainly: Measures relating to corporate tax (IS)
Measures relating to income tax (IR):
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