Gross tax revenue: Decrease of 6.9% at the end of September according to the TGR

Gross tax revenue stood at 151.3 billion dirhams (billion dirhams) for the first nine months of this year, a decrease of 6.9% compared to the end of September 2019, according to the General Treasury of the Kingdom (TGR ).

This drop results from the drop in customs revenue by 12.4% and in domestic taxation by 4.4%, explains the TGR in its recent monthly bulletin of public finance statistics (BMSFP). Net customs revenue (customs duties, import VAT and ICT on energy products) were MAD 40.96 billion at the end of September 2020 against MAD 46.79 billion a year earlier, down 12.5% ​​or more. -5.83 billion dirhams compared to their level at the end of September 2019, taking into account refunds, reliefs and tax refunds of 81 million dirhams (MDH) at the end of September 2020, specifies the same source.

The bulletin also highlights that the net receipts realized under domestic taxation stood at 96.6 billion dirhams at the end of September 2020 against 100.3 billion dirhams at the end of September 2019, a decrease of 3.7% or -3.72 MMDH, taking into account the refunds, rebates and tax refunds supported by the general budget which were 5.03 billion dirhams at the end of September 2020 against 5.96 billion dirhams a year earlier. Gross domestic tax receipts stood at 101.6 billion dirhams at the end of September 2020.

In addition, non-tax revenue stood at 34 billion dirhams against 23 billion dirhams a year earlier, up 48.2% or +11.1 billion dirhams, in particular due to the increase in payments from special treasury accounts (CST ) for the benefit of the general budget (18.1 billion dirhams against 3.7 billion dirhams) and assistance funds (4.40 billion dirhams against 571 million dirhams), combined with the decrease in monopoly revenues (7.86 billion dirhams against 8.62 billion dirhams ), privatization receipts, debt reduction receipts (1.32 billion dirhams against 1.980 billion dirhams) and gas pipeline fees (296 million dirhams against 744 million dirhams).

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