- Modification and Suspension of Duties and Taxes:
- The government is authorized to modify or suspend tariff rates and other duties and taxes on imports and exports, excluding VAT.
- This includes taxes on domestic consumption as specified in the Dahir (law) n° 1-77-340 of October 9, 1977.
- Changes to the Customs and Indirect Tax Code:
- Various articles of the customs and indirect tax code are amended to update payment methods, exemptions, and penalties.
- Specific changes include electronic payment requirements, exemptions for certain goods, and penalties for non-compliance.
- Exemptions and Special Regimes:
- Certain goods and services are exempt from VAT with the right to deduction, including:
- Equipment for educational institutions.
- FIFA-related imports.
- Goods intended for the construction of private educational or vocational training establishments or real estate investment companies (OPCI).
- Exemptions also apply to products and services acquired by FIFA representations in Morocco and their affiliated organizations, as per their statutes.
- Special Tax Rates and Penalties:
- The document details specific conditions under which VAT is applied or exempted.
- Penalties for non-compliance with VAT regulations are outlined, such as the requirement for electronic payment of taxes and the consequences of failing to do so.
- VAT on Imports and Internal Transactions:
- VAT is applied to imported goods and domestic transactions, with specific provisions for certain categories like:
- Domestic consumption taxes on various products (e.g., beverages, tobacco).
- Adjustments to the tariff of import duties affecting products containing cannabis components.
- VAT Refunds and Adjustments:
- Provisions for VAT refunds and adjustments are included, particularly for goods and services that are exempt but still allow for input tax deductions.
- New Tax Introductions and Adjustments:
- New taxes are introduced for products such as electronic cigarettes and related items, which are subject to internal consumption tax but also tied to VAT regulations.
- General Tax Code Amendments:
- The general tax code is updated to reflect the VAT measures, including new definitions, exemptions, and procedural requirements.
- Implementation and Transitional Measures:
- The VAT measures have specific implementation dates, with some provisions taking effect from January 1, 2025, and others from January 1, 2026.
- Transitional measures are in place to ensure a smooth transition to the new VAT regulations, including provisions for existing exemptions and special regimes.
Source gov.ma
