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Morocco Publishes Finance Law for 2021

|Approved Changes|Morocco
Morocco

Morocco's Ministry of Finance has published the Finance Law for 2021, which was published in the Official Gazette on 18 December 2020. The final law is largely in line with the draft submitted in parliament in October, although some changes were made. Main measures are summarized as follows:

  • New social solidarity contribution requirements are introduced for the year 2021, including:
    • a contribution for companies at the following rates:
      • 1.5% for companies with annual net profits of MAD 1 mill…

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