In the 2021 Finance Law, the measures planned for the benefit of the real estate sector relate firstly to the extension of the reduction in registration fees for real estate purchases, included in the amending finance law for the year 2020, by 100% for any deed relating to the first sale of social housing and housing with reduced real estate value. Reduction of 50% for acts relating to the acquisition of empty land intended for the construction of housing, or premises for residential use with a taxable base amount of four million DH at most and this, valid until June 30, 2021.
The second and third points relate to the increase in the tax framework for real estate collective investment undertakings (OPCI), rentals for residential use, and domestic VAT relief, without the right to deduct, photovoltaic panels and solar water heaters, in order to develop the ecological transition and the use of green energies.
Added to this is the lowering of income tax for all businesses, regardless of their date of creation, on salaries paid for 36 months to young people under 35, as part of their first recruitment, with a fixed-term contract. This is to encourage companies to make the transition to the professionalization of their activities. In addition, real estate also takes into account other transversal fiscal measures adopted for the 2021 budget year. This is the implementation of the Unique Professional Contribution (CPU) which takes into account all taxes and duties. , owed by taxpayers for the exercise of their professional activity.