The Chamber of Advisors adopted, on Friday in plenary session, the first part of the finance bill (PLF) n ° 76.21 for the 2022 financial year, with the approval of 53 advisers, the rejection of 14 others and 6 abstentions.
This first part was adopted after the approval of a series of amendments and after its vote, on December 30, in the finance and economic development committee in the Chamber of Councilors by majority.
During a plenary session, held the day before in the Chamber of Councilors, the Minister of Economy and Finance, Nadia Fettah Alaoui, assured that of the 250 amendments proposed for the first part of the PLF, 39 were accepted.
Thus, the main amendments adopted relate, in particular, to the application of an import duty at a unified rate of 2.5% for raw materials used in the treatment of diabetes, as well as the exemption of basic telephones and 32-inch televisions of the domestic consumption tax (TIC) ecological to preserve the purchasing power of citizens.
It also concerns the reduction in the tax on the transport of people and goods to 10%, and the exemption from value added tax (VAT) without the right to deduct interest on loans granted by credit institutions for students in private or public education or vocational training dedicated to financing their studies in Morocco or abroad.
The accepted amendments also concern the exemption from VAT without the right to deduct recovered metals, in addition to the encouragement of buildings to reinvest the total amount of revenue net of tax, through a reduction of 70% applied. to the net value added realized during the accounting year 2022.
The approved amendments also relate to companies operating in industrial acceleration zones and service companies benefiting from the special tax system at the Casablanca financial center (Casablanca Finance City) which will henceforth pay the social solidarity contribution on their profits.
In addition, these amendments relate to extending the duration of registration of the informal sector in the professional register until the end of 2022, in addition to the elimination of fines and increases caused by tourist transport operations.