L’2024 tax amnesty on undeclared assets, enabled the State to mobilize direct revenues of around 6 billion dirhams, corresponding to 5% of the declared amounts. During his explanations, Mustapha Baitas highlighted the significant results of this measure. He confirmed that the operation exceeded initial forecasts, reflecting its success both in terms of the relationship between the tax administration and the taxpayers that in improving the tax compliance.
Resources for economic development
The 127 billion dirhams declared now represent a new injection of funds into the formal economyproviding a significant boost to the financing of national economic activities. THE direct tax revenue of this operation contributed to strengthening the financial capacities of the State and responding to the increase in public spendingparticularly in the social field.
Between domestic and international taxation
The operation applied a rate of 5% for regularizations linked to national income and 10% for assets abroad. This tax framework has made it possible to structure a significant part of the informal economy, which is now migrating towards the formal sector.
A positive dynamic for public finances
Beyond the immediate revenue generated by the tax amnestyMustapha Baitas also highlighted its overall impact on public finances. Ordinary tax revenues, estimated at 35.9 billion dirhams, also helped cover additional expenses recorded in 2024. These resources were essential to meet growing social needs and maintain a balanced budget in the face of current economic challenges.
