Tax loopholes: a cost of 32.14 billion MAD
Tax loopholes cost the Treasury 32.14 billion Dirhams (USD 3.21 billion). This is 13% less than in 2023, when they amounted to 36.95 billion Dirhams (USD 3.69 billion). These tax expenditures, which are equivalent to almost 2.1% of GDP (compared with 2.5% in 2023), have mostly existed since well before 2019. Their purpose is to favor certain expenditures and encourage specific investments, through tax exemptions and reductions.
