Morocco committee advances Finance Bill 2027 import-tax proposal

The vote advances only Part I

The Ministry of Economy and Finance recorded 23 votes in favour, 17 against and no abstentions. The vote advances the revenue and tax provisions at committee stage; it does not enact the bill or confirm that every provision remains in the form originally deposited. The official notice does not identify which amendments were accepted, and no official consolidated post-committee text or committee report was available at review.^[1][2]

The deposited bill proposed an import-tax advance

Article 7 of the deposited bill would amend Morocco’s General Tax Code, created by Finance Law No. 43.06 and promulgated by Dahir No. 1.06.232. Proposed Article 170.I.B would require companies importing goods intended for resale without transformation to pay a corporate-income-tax advance automatically to the customs collector when customs duties are paid. A corresponding rule for individual traders subject to income tax would be inserted in Article 173.IV.^[3]

Rate, period and exclusions are not final committee wording

The deposited wording set the advance at 5% of the customs value used, or expected to be used, as the customs-duty base. It applied during the first 60 months from the importer’s first import and thereafter where the importer did not present a tax-compliance certificate meeting the bill’s six-month condition. Imports under customs economic regimes and imports of capital goods were excluded. These details remain proposals from the deposited bill because the committee-approved wording has not been published.^[1][3]

The deposited proposal was creditable and refundable

For companies, amounts paid during an accounting year would be credited against corporate-tax instalments and, where necessary, the remaining corporate tax, with a right to repayment. The income-tax provisions would apply the same framework to individual traders, and proposed Article 82 would add the advances to the annual total-income declaration. Article 7.IV.7 proposed applying the rules to imports made from 1 July 2027. None of those mechanics or that date is yet verified as final committee wording.^[3]

Import groups should map exposure without changing systems

Groups importing goods into Morocco for resale should identify the relevant importer entities, distinguish trading stock from capital goods and customs-regime imports, and model the potential cash-flow effect. Implementation should await the official amended text and later parliamentary and promulgation stages. This focused article does not claim a whole-package review of Finance Bill No. 60.26 or its companion reports.^[1][3][4]