MPs from the opposition joined their voice to labor unions which lambasted the government for planning to impose a solidarity tax on the salaries of middle class employees. The government has proposed in its draft budget for 2021 a tax of 1.5% on monthly salaries higher than 10,000 dirhams. He said that the measure shall apply only to 8% of Moroccan employees who have salaries higher than 10,000 dirhams and that the same solidarity tax applies only to 1% of businesses that have an annual turnover of more than 5 million dirhams. Meanwhile, voices are rising for tax equity by imposing a tax on wealth instead of the solidarity tax. Oxfam said that Morocco loses up to 2.45 billion dollars annually due to tax evasion.

Source: The North Africa Journal October 29, 2020 23:15 UTC