This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from Hibapress, the Arabic version:
Heba Press
The Ministry of Economy and Finance announced that tax revenue had exceeded 300 billion dirhams in 2024, recording an increase of 14.3% compared to the same period of the previous year.
The ministry declared in a report on the state of incursions and resources of the Treasury that the percentage of achievement of this income amounted to 110.8% compared to what is expected in the finance law.
The report also indicated that net shots, regulations and tax amounts, including the contribution of dirt groups, amounted to around 23.2 billion dirhams.
This exceptional performance of tax revenues is due to the continuous implementation of the tax system reform, in particular by expanding the tax container and promoting justice and budgetary control.
The adoption of new mechanisms such as collection by deduction from the source of certain taxes, the self-liquidation system of the value tax, in addition to the progressive expansion of this tax and the rationalization of Tax incentives, as well as voluntary tax regulations mechanism stipulated in financial law for the year 2024, to strengthen these results.
Depending on the type of taxes, the company tax recorded a production rate of 117.4% and an increase of 13.5% to reach 70.3 billion dirhams, and this growth is due to the increase in revenue of the tax regulations (+2.2 billion dirhams), the payments (+4.7 billion dirhams) and the income resulting from the administration of the procedures (+0.7 billion dirhams).
