The Moroccan government plans to increase the corporate tax rate on major fuel importers and distributors from 35% to 40% in the 2027 finance bill.
The higher rate would apply to companies whose net profits reach or exceed 100 million dirhams.
The measure targets “superprofits” in the sector following a strong rebound in results and aims to boost the tax contribution of the most profitable operators.
It exceeds the standard 20% corporate tax rate and raises by five points the existing 35% rate for high-profit companies across all sectors.
A 40% rate already applies to banks, Bank Al-Maghrib, the Caisse de dépôt et de gestion, and insurance companies.
The proposal fits within framework law No. 69-19 on tax reform, which seeks greater contributions from firms in regulated or oligopolistic sectors.
It is presented as a targeted step, not a general tax hike.
Competition Council data show the nine main diesel and gasoline distributors earned a combined net result of 2.295 billion dirhams on that activity in 2024, on nearly 77.9 billion dirhams in turnover, for a 2.9% net margin (up from 0.6% in 2022 and –0.5% in 2023).
Their overall net result was 3.683 billion dirhams in 2024, easing to 3.42 billion in 2025.
TotalEnergies Marketing Maroc reported a social net profit of 803 million dirhams in 2025 and a consolidated result of 851 million, both well above the threshold.
