Hi everyone.
There is some confusion online as to whether the tax structure is in Dirhams, Us dollars or Euros! Companies providing the tax tables tend to provide them in dollars or Euros.
Looking at the Moroccan tax tables, it seems the personal income tax rate for Morocco is extremely high. According to it, anyone with a taxable income over 180000 MAD (approximately 16000 Euros) has to pay 38% tax??? Doesn't feel right.
Please correct me if I'm missing something here.
Anyone have any ideas about small business tax in Morocco?
Thanking everyone in advance.