The Moroccan General Directorate of Taxation (DGI) has published Circular Note No. 732, which provides an overview of the tax measures of the Finance Law for 2022 (Law No. 76-21). Some important measures not previously reported include:
- The income tax exemption on salaries/wages of newly hired employees up to the age of 35 for the first 36 months of a permanent employment contract is extended so that the exemption is available for employees hired between 1 January 2021 and 31 December 2022 (…