The General Confederation of Moroccan Enterprises (CGEM) has presented its key proposals for the 2025 Finance Law, aimed at fostering sustainable economic growth and job creation. Despite recent economic recovery, challenges remain, especially for small and medium-sized enterprises.
The CGEM has proposed several fiscal and sectoral measures, including:
1. Labor Taxation: Gradually reduce income tax over three years to a target marginal rate of 35% by 2027 and increase exemptions for certain allowances.
2. Professional Tax: Reform the tax calculation by harmonizing tax bases for companies in the same sector, based on the Gross Operating Surplus (GOS).
3. Green Taxation: Implement an environmental tax based on the polluter-pays principle while avoiding double taxation.
4. Business Restructuring and Startup Promotion: Encourage mergers, demergers, and private investment in startups through attractive tax measures.
5. Energy Transition: Promote the use of electricity storage batteries by reducing customs duties from 40% to 2.5%.