OrbitaxBudget Bill for 2011 released
|Proposed Changes|Morocco
The Budget for 2011 was presented to the parliament by the Minister of Finance and Economy on 20 October 2010. The most important features of the Budget proposal are summarized below:
| - | enterprises installed in "Casablanca Finance City" (with regard to income relating to the export of services and foreign capital gain) are exempt from corporate income tax during the first 5 years of operations. Thereafter (i.e. f… |