The CMR applies new procedures related to income tax

This article was automatically translated from HIBAPRESS, the Arabic version:

Heba Press

The Moroccan Pension Fund informs beneficiaries of civil and military pensions that new procedures related to income tax have been put in place.

The Moroccan Retirement Fund underlined, in a press release, that the case concerns the activation of the new income tax scale, the amount of the annual deduction linked to family expenses, as well as the exemption from the income tax on pensions paid under basic pension schemes. within the limit of 50 percent of the amount of this tax, in accordance with Law No. 24-60 relating to the finance law for 2025.

The same source adds that the pensions affected by these requirements will experience an increase in their net amounts from January 2025, noting that with this measure, 94% of the beneficiaries of basic retirement pensions granted by the Moroccan Pension Fund have become totally exempt. of income tax.