The 2025 Finance Law announces several tax measures intended to stimulate consumption and encourage investment. Among these measures, a significant revision of the income tax (IR) scale aims to reduce the tax pressure on households by increasing the threshold of the first exempt bracket and adjusting the other brackets for fairer taxation. These changes will come into effect from January 2025.
The government has also planned adjustments to corporate tax (IS), including increasing allowances for depreciation on passenger transport vehicles and reforms to encourage the restructuring of corporate groups. These changes are designed to facilitate the competitiveness of Moroccan companies and encourage merger and acquisition operations.
In terms of VAT, the 2025 Finance Law provides favorable measures for the agricultural and livestock sectors, with VAT exemption on certain imported products. Furthermore, an increase in the share of VAT allocated to local authorities, which goes from 30% to 32%, should make it possible to strengthen the financing of regional and local projects.
Finally, several reforms are introduced on registration fees, particularly for real estate leases and transfers of property for the benefit of certain social categories. These reforms are accompanied by administrative simplification measures, particularly in terms of electronic notification of tax acts, in order to make the tax system more transparent and more efficient for taxpayers.
M.Ba.
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