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Morocco Draft Finance Bill for 2019 Includes Corporate Tax Changes

|Proposed Changes|Morocco
Morocco

The Moroccan government reportedly tabled the draft Finance Bill for 2019 in parliament on 19 October 2018. Some of the key measures of the bill include:

  • A reduction in the corporate tax rate for the second bracket by 2.5%, resulting in the following brackets/rates
    • up to MAD 300,000 - 10%
    • over MAD 300,000 to 1 million – 17.5%
    • over 1 million - 31%
  • The introduction of a 2.5% solidarity contri…

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