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Morocco Publishes Draft Finance Law for 2022

|Proposed Changes|Morocco
Morocco

Morocco's Ministry of Finance has published the draft Finance Law for 2022. Some of the main measures of the law are summarized in a presentation on the draft law given on 26 October as follows:

  • The reduction of the top rate of corporate tax from 28% to 27% for industrial companies whose net profit is less than MAD 100 million (note, the top rate applies if taxable income exceeds MAD 1 milli…

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