By nature of tax and tax, here are the main changes that have characterized the behavior of tax revenue:
• Increase in corporate tax of 10.2 MM.DH (+80.5%) following the remarkable improvement of the 1st installment (+3.6 MM.DH, +68.5%) and the additional adjustment ( +6.9 MM.DH, +154%). This good performance is mainly due to the phosphate, financial and cement sectors;
• Increase in income tax by 0.6 billion dirhams (+4.7%) thanks, in particular, to income from income tax on salaries (+651 million dirhams), tax audit operations (+373 million .DH) and profits from the sale of securities (+206 M.DH). These increases made it possible to offset the base effect linked to the exceptional revenue collected in 2021 within the framework of the operations for the spontaneous regularization of the taxpayer’s tax situation;
• Fall in VAT receipts within 1 billion DH (-17.5%), mainly due to the increase in reimbursements (+1.2 million DH);
• Increase in VAT on imports of 2.4 billion dirhams (+23.7%) in connection with the increase in the value of imports (combined price and volume effect);
• Stabilization of internal consumption taxes at 7 MM.DH covering a drop in TIC on tobacco (-221 M.DH) and an improvement in TIC on energy products and other products (+101 M.DH and +109 M. DH). DH, respectively).
• Increase in customs duties of 388 M.DH (+13.9%), under the effect of the increase in imports;
• Improvement in registration and stamp duties of 677 M.DH (+12.5%) attributable to the increase in registration fees (532 M.DH, 30%) and the TSAV (124 M.DH, 4.8%).
It should be noted that revenue was recorded, on a net basis of refunds, tax relief and refunds, an increase of nearly 12 billion dirhams or 19.5%, by frequency at the end of March 2021, and an achievement rate of 28 % compared to the economists of the finance law (LF). Tax revenues showed good behavior overall, with an increase of 13.3 billion dirhams or 23.3%, thus recording an achievement rate of 31.5%, despite the continued effort reimbursement of VAT credits. Reimbursements, rebates and tax refunds, including the share borne by local authorities, thus reached an amount of 5.5 billion dirhams, against 3.7 billion dirhams at the end of March 2021.
For their part, non-tax revenue amounted to 2.5 billion dirhams against 3.7 billion dirhams at the end of March 2021, i.e. a decline of 1.2 billion dirhams.