- Circular No. 735 has been posted by the Moroccan General Tax Administration
- The circular covers tax measures under the 2024 Finance Act
- Topics covered include expanded VAT exemptions, aligned VAT rates, new VAT reverse charge regime, and new withholding tax regime for VAT
- Clarifications are provided for VAT regime applicable to building rentals and corporate tax rates
- Improved tax compliance measures and simplified tax calculation procedures are included
- Deductibility of social security contributions for professionals, self-employed workers, and self-employed persons is clarified
- Other procedural measures aimed at improving tax administration and efficiency are mentioned
Source: news.bloombergtax.com
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