On 23 October 2013, the Minister of Finance and Economy presented the draft Finance Law for 2014 to the parliament. The key tax proposals in the draft, which will generally apply as of 1 January 2014, are summarized as follows:
| - | Enterprises realizing an annual turnover exceeding MAD 5 millions from agricultural activities will be subject to income tax. Currently, all agricultural enterprises are tax exempt irrespective of… |