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Morocco Provides Overview of Tax Measures in the 2022 Finance Law

22 February 2022

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Approved Changes

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Morocco

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 (previously, 31 December 2021), which is available in respect of employees that have not previously held a job;...