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According to the OECD (Organization for Economic Co-operation and Development), tax revenues including taxes and social contributions accounted for 26.4% of GDP in Morocco in 2016, which was the third highest ratio after Tunisia (29.4%) and South Africa (28.6%). Moreover, the tax pressure is still high in Morocco.
4 October – The European Court of Justice strikes down a trade agreement between the European Commission and Morocco allowing the exports of agricultural products from the Western Sahara to the EU, citing failure to account for the rights of the region's inhabitants to self-determination.
Morocco's trade imbalance rose from 86 billion to 118 billion dirhams between 2006 and 2007 – a 26.6% increase bringing the total amount to 17% of GDP. The Caisse de Dépôt et de Gestion forecasts that if imports continue to rise faster than exports, the disparity could reach 21% of GDP. Foreign Trade Minister Abdellatif Maâzouz said ...
This is the date that your final quarterly estimated tax payment is due for the 2024 tax year if this applies to you. Final Notes. This list doesn’t cover every possible tax deadline for 2024 ...
A dividend tax is a tax imposed by a jurisdiction on dividends paid by a corporation to its shareholders (stockholders). The primary tax liability is that of the shareholder, though a tax obligation may also be imposed on the corporation in the form of a withholding tax. In some cases the withholding tax may be the extent of the tax liability ...
When the purchaser of an intangible asset is allowed to amortize the price of the asset as an expense for tax purposes, the value of the asset is enhanced by this tax amortization benefit. [1] Specifically, the fair market value of the asset is increased by the present value of the future tax savings derived from the tax amortization of the ...