Finally a price reference for real estate transactions! This instrument, long awaited by professionals, notaries and taxpayers, concerns Casablanca as well as the two provinces of Nouaceur and Médiouna, while waiting for it to be gradually extended to all of Morocco. Yesterday, Monday January 26 in Rabat, Mohamed Boussaïd, Minister of Finance, was proud of it, describing this framework as a “revolution”, a big step in the simplification, transparency and calming of relations between the General Directorate of Taxes. (DGI) and taxpayers. Precisely, the absence of categorized prices for apartments, villas, houses, land in building and villa areas has always been the cause of disputes and continual adjustments generated by the control of the tax administration.

After having benefited, for more than 51 years, from specific tax advantages, the city of the strait will be subject, within almost a year, to the common law regime. Coming into force, according to the 2009 Finance Law and with the exception of companies established in Tangier free zone, “the gradual elimination of the exceptional tax regime aims to ensure balance between the regions”, affirmed the regional director of Taxes, Mohamed Chriki, at the end of a meeting organized, Friday January 23, in Tangier, under the theme “The tax provisions of the 2015 Finance Law”. It should be remembered that this preferential tax regime was established by the 1963 Dahir, to give impetus to economic dynamics in Tangier. Companies benefited at the start of the launch of this operation from a reduced rate of 17.5%, planned to be increased annually by 2.5% points. Until this rate reaches 30% (instead of 27.5%) at the end of December of the current year.