The Personal Income Tax Rate in Morocco stands at 38 percent.

Personal Income Tax Rate in Morocco averaged 39.65 percent from 2004 until 2020, reaching an all time high of 44 percent in 2005 and a record low of 38 percent in 2010. 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 - values, historical data and charts - was last updated on July of 2020.

Personal Income Tax Rate in Morocco is expected to reach 38.00 percent by the end of 2020, 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 2021, according to our econometric models.

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Morocco Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
38.00 38.00 44.00 38.00 2004 - 2020 percent Yearly

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 [+]


Morocco Personal Income Tax Rate
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.