Morocco Finance Law for 2022 Includes Lower Tax Rate for Smaller Industrial Companies and Revision of Social Solidarity Contribution
Morocco's Ministry of Finance has published the Finance Law for 2022, which was published in the Official Gazette on 20 December 2021. The final law is largely in line with the draft version, including the same main measures, although adjustments have been made. Measures include:
- The reduction of the top rate of corporate tax from 28% to 26% for industrial companies whose net profit is less t…