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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.
In the most common application of ad valorem taxes, namely municipal property taxes, public tax assessors regularly assess the property owner's real estate in order to determine its current value. The determined value of the property is used to calculate the annual tax collected by the municipality or any other government entity upon the ...
Taxes on Generational Wealth Just Changed: Here’s What You Should Know April 1 Thanks to a recent change in tax law, required minimum distributions (RMDs) from IRAs no longer have to be taken ...
Most taxes—including income tax and sales tax—can have significant deadweight costs. The only way to avoid deadweight costs in an economy that is generally competitive is to refrain from taxes that change economic incentives. Such taxes include the land value tax, [60] where the tax is on a good in completely inelastic supply. By taxing the ...
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19th century: Dividend taxes became more common in the 19th century, as more countries adopted income taxes. United States: Dividend taxes were first imposed in the United States in 1913, with the passage of the 16th Amendment to the U.S. Constitution. 1936-1939: During the Great Depression, dividends were taxed at an individual's income tax rate.
The General Directorate for Territorial Surveillance (Arabic: المديرية العامة لمراقبة التراب الوطني; Tamazight: ⵜⴰⵎⵀⵍⴰ ⵜⴰⵎⴰⵜⴰⵢⵜ ⵏ ⵓⵎⴰⵜⵔ ⵏ ⵡⴰⴽⴰⵍ ⴰⵏⴰⵎⵓⵔ; French: Direction Général de Surveillance du Térritoire; DGST), is the civilian domestic intelligence service of Morocco.