13 Hrs
ناظورسيتي
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ناظورسيتي

2026-11-10T16:19:00.000Z

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Harakiyin's 2027 tax plan

Harakiyin's 2027 tax plan

The Popular Movement parliamentary group in the House of Representatives has proposed amendments to the 2027 Finance Bill, including introducing a tax on net wealth exceeding MAD 15 million from 1 January 2028, at progressive rates of 0.25 to 1 percent, and raising the annual income tax exemption threshold from MAD 60,000 to MAD 80,000. The group also proposed limiting customs and tax exemptions on imports of livestock and meat to the period from 1 January 2027 to 31 December 2028, subject to quantitative caps and government review, and exempting chicks imported during 2027. It further called for reducing the tax rate on qualifying fuel companies from 40 to 35 percent. The group also called for increasing the total number of budgeted positions from 34,454 to 50,044, reallocating 500 positions to the health sector to bring its allocation to 5,900, and raising the number of positions reserved for persons with disabilities from 200 to 300.

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