OrbitaxDraft Budget for 2013 presented to the parliament
|Proposed Changes|Morocco
On 20 October 2013, the Minister of Finance and Economy presented the 2013 Budget Bill to the parliament. The key tax proposals in the draft Budget are summarized below.
| - | the withholding tax rate on dividends distributed to resident and non-resident persons will be increased from 10% to 15%; | |
| - | the following tax incentives available under the Tax Code will be… |