Winnings from online gambling of foreign origin, paid by foreign companies, will now be subject to income tax. This is what the 2025 finance bill, voted on last Friday by the Chamber of Advisors, provides. Concretely, there is a withholding tax set at 30%, reports the daily Assaba. This tax will thus be applied directly to the winnings, even before their transfer to the beneficiaries, in order to avoid tax evasion while ensuring that foreign companies contribute to the kingdom’s economy, particularly in terms of currencies.
To read:Gaming: a heated debate in Morocco
Players residing in Morocco will now have to pay a specific solidarity contribution of 2% on their winnings from online games of chance. This measure aims to balance the tax burden and strengthen the social solidarity system. Earnings not exceeding an annual amount of 5,000 dirhams are also added to the categories of taxable income. According to the Minister Delegate to the Minister of Economy and Finance in charge of the Budget, Fouzi Lekjaa, the taxation of these gains concerns new beneficiaries, who must make their declaration before March 1.
Read: Moroccans increasingly addicted to games
The gaming sector is experiencing strong growth in Morocco. A market whose turnover amounts to several billion dirhams, it is specified.
Morocco
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