Morocco Personal Income Tax Rate

The Personal Income Tax Rate in Morocco stands at 38 percent. Personal Income Tax Rate in Morocco averaged 40.15 percent from 2004 until 2016, reaching an all time high of 44.00 percent in 2005 and a record low of 38.00 percent in 2010.

Personal Income Tax Rate in Morocco is expected to be 38.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Personal Income Tax Rate is projected to trend around 38.00 percent in 2020, according to our econometric models.

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Morocco Taxes	Last	Previous	Highest	Lowest	Unit
Corporate Tax Rate	31.00	31.00	35.00	30.00	percent	[+]
Personal Income Tax Rate	38.00	38.00	44.00	38.00	percent	[+]
Sales Tax Rate	20.00	20.00	20.00	20.00	percent	[+]
Social Security Rate For Companies	18.50	18.50	18.50	16.10	percent	[+]

In Morocco, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Morocco. This page provides the latest reported value for - Morocco Personal Income Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Morocco Personal Income Tax Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	38.00	38.00	44.00	38.00	2004 - 2018	percent	Yearly

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Country	Last		Previous	Range
Japan	55.95	Dec/18	55.95	55.95 : 50	%
Netherlands	51.75	Dec/19	51.95	60 : 51.75	%
Australia	45.00	Dec/18	45	47 : 45	%
China	45.00	Dec/18	45	45 : 45	%
France	45.00	Dec/19	45	59.6 : 40	%
Germany	45.00	Dec/19	45	57 : 42	%
South Africa	45.00	Dec/18	45	45 : 40	%
Spain	45.00	Dec/19	45	56 : 43	%
United Kingdom	45.00	Dec/19	45	50 : 40	%
Italy	43.00	Dec/19	43	51 : 43	%
South Korea	40.00	Dec/18	40	40 : 35	%
Switzerland	40.00	Dec/19	40	40.4 : 40	%
United States	37.00	Dec/18	39.6	39.6 : 35	%
India	35.88	Dec/18	35.54	35.88 : 30	%
Argentina	35.00	Dec/18	35	35 : 35	%
Mexico	35.00	Dec/18	35	35 : 28	%
Turkey	35.00	Dec/19	35	40 : 35	%
Canada	33.00	Dec/18	33	33 : 29	%
Indonesia	30.00	Dec/18	30	35 : 30	%
Brazil	27.50	Dec/18	27.5	27.5 : 27.5	%
Singapore	22.00	Dec/18	22	22 : 20	%
Russia	13.00	Dec/19	13	13 : 13	%
Saudi Arabia	0.00	Dec/18	0	0 : 0	%