The Moroccan Pension Fund (CMR) announced the implementation of new tax provisions under the 2025 Finance Act, including adjustments to the income tax schedule, annual family expense deductions, and a 50% income tax exemption for pensions under basic retirement systems.
In a statement provided to Hespress, the fund stated that these changes will result in higher net pension amounts starting January 2025.
The CMR noted that the measure now exempts 94% of beneficiaries of basic retirement pensions managed by the fund from income tax entirely.
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