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Why Oppose Fuel Firm Tax
The Justice and Development Party and the Left Alliance voted against the government’s proposal because it limited the tax increase from 35 to 40 percent to fuel companies. They called for extending the increase to other sectors and imposing higher rates on large companies. The Popular Movement opposed the increase, fearing that companies would pass the cost on to fuel prices, and called for keeping the tax at 35 percent. In the early hours of November 12, 2026, the Finance Committee approved the government’s proposal, which covers 11 companies, each with profits exceeding 100 million dirhams, by 23 votes to 17.
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