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الصحيفة
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Source: الصحيفة
5 Hrsالصحيفة
Source: الصحيفة
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Economy and Finance Minister Fouzi Lekjaa described Morocco’s fuel sector as operating under a “near-monopoly” and defended raising the corporate tax rate for companies in the sector from 35 to 40 percent under the 2027 Finance Bill. The increase would target companies with profits exceeding 100 million dirhams. He said the tax increase would not push up fuel prices, and expected the decline in global prices to be reflected in the Moroccan market from November 16. He added that the possibility of capping profit margins could be considered. The additional tax revenue would go into the general budget, he said, and its impact on citizens would depend on how it was used.
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