First Independent Mena Newspaper
The International Monetary Fund (IMF) commended Morocco’s tax reforms which enabled an enlargement of the tax base, narrowed the fiscal deficit and helped finance key reforms. “As a result, tax revenues in 2024 have been greater than expected. With only a small part of the additional tax revenues being saved, the central government’s deficit for […]
Kenya is considering tax reforms, including possible tax breaks, to entice hesitant US and EU investors after Washington complained that corruption and a lack of transparency in tax policy inhibited investment in the East African country. Nairobi is exploring various tax incentives to reluctant Western investors and it also threw out the red carpet for […]
At a time when Morocco continues to rely on its health system to cope with the coronavirus pandemic, two OECD tax experts have proposed tax reforms to ensure sustainable financing for the health sector. In countries around the world grappling with the current health and economic crisis, the urgency to mobilize domestic resources has […]
The EU promised to remove Morocco from the tax haven grey list after commending the reforms undertaken by the country to improve financial transparency and fight tax evasion. An EU special committee has announced that the steps taken by Morocco to bring its tax system concerning free zones in line with European standards will lead […]