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"<img src=\"https://fr.hespress.com/wp-content/uploads/2021/11/nadia-fettah-alaoui.jpg\" /><br><div>\n<p><strong>The Minister of the Economy and Finance, Nadia Fettah Alaoui, assured, Thursday in the Chamber of Councilors, that of the 250 amendments proposed for the first part of the bill of the finance law (PLF) for the financial year 2022, 39 have been accepted. </strong></p>\n<p>\"Of the 250 amendments proposed for the first part of this project, 150 were withdrawn and 39 accepted, or 40% of the proposed amendments,\" said Nadia Fettah Alaoui who was speaking at a plenary session in the Chamber of Councilors , adding that 36% of the accepted amendments come from the opposition parties and that the government has not resorted to article 77 of the Constitution, which reflects the positive atmosphere which marked the work of the Commission.  On this occasion, the Minister presented the main amendments adopted, in particular the application of an import duty at a unified rate of 2.5% for raw materials used in the treatment of diabetes, as well as the exemption of basic telephones and 32-inch televisions of the ecological domestic consumption tax (TIC) to preserve the purchasing power of citizens.</p>\n<p>It is also about the reduction of the tax on the transport of people and goods to 10%, specified Mrs. Fettah Alaoui, highlighting the exemption of the value added tax (VAT) without right of deduction. interest on loans granted by credit institutions to students in private or public education or vocational training dedicated to financing their studies in Morocco or abroad.  The accepted amendments also concern the exemption from VAT without the right to deduct recovered metals, in addition to the encouragement of buildings to reinvest the total amount of revenue net of tax, through a reduction of 70% applied. to the net added value achieved during the accounting year of 2022. This also concerns the lowering of the threshold set for concluding an investment agreement with the State from 100 million dirhams (MDH) to 50 MDH, as well as the reduction in import charges applied to plastic of the ethylene terephthalate type by 2.5%.</p>\n\n<p>The approved amendments also relate to companies operating in industrial acceleration zones and service companies benefiting from the special tax system at the Casablanca financial center (Casablanca Finance City) which will henceforth pay the social solidarity contribution on their profits.</p>\n<p>In addition, these amendments relate to extending the duration of registration of the informal sector in the professional register until the end of 2022, in addition to the elimination of fines and increases caused by tourist transport operations.</p>\n<p>According to the minister, it is also a question of creating a system to promote the financing of small associations in a contribution company, in accordance with Law 50-20 on small financing.</p>\n</div>    ."
<https://moroccolatestnews.com/plf-2022-chamber-of-councilors-39-amendments-accepted/>