- Moroccan Chamber of Representatives accepted Bill No. 55.23, the 2024 Finance Bill
- The bill includes measures to exempt VAT on school supplies, medicines, specified food products, and military equipment
- VAT rates for various supplies will be aligned to ensure tax neutrality for businesses
- Provisions for VAT reverse charge regime and new withholding tax regime will be established
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
