Between rumors, fears and contradictory reports, voluntary tax regularization is in the economic news in Morocco. This is a mechanism adopted by many countries, including Morocco, to encourage taxpayers to comply with their tax obligations by voluntarily declaring previously concealed assets or income. This system is often accompanied by incentives such as reduced penalties or guaranteed confidentiality. In Morocco, the “amnestied” only had to pay 5% tax on the sums declared, compared to 37% if they regularized in 2025. “When the contribution is paid at the bank level, the latter does not transmit to the Directorate General of Taxes (DGI) any information allowing the identification of the declarant, in order to safeguard his anonymity,” Morocco also committed. According to an unofficial report established by the Moroccan press with the General Directorate of Taxes, Wednesday January 1, the amount exceeds all forecasts and constitutes a record, being twenty times higher than that obtained during the previous amnesty of 2020, with more than 100 billion dirhams. But Moroccan authorities denied this figure and called it “exaggerated”. An official from the delegated ministry in charge of the Budget underlined that the DGI services, in collaboration with banking establishments, are still continuing the process of collecting accounts, while rejecting the advanced estimates of 100 billion dirhams, considered unfounded and exaggerated. He indicated that forecasts relating to tax regularizations for companies, via deposits of the corresponding amounts in banking institutions, should not exceed 30 billion dirhams. “As for the tax revenue generated by this regularization, calculated at a rate of 5% on undeclared assets, movable and real estate, they are estimated at around one billion dirhams,” indicates the same source. For its part, the Foreign Exchange Office announced, on Tuesday January 7, the official results of the spontaneous regularization operation of property and assets held abroad, revealing that at the end of this process, closed on December 31, 2024, the total amount declared amounts to more than two billion dirhams, spread over 658 declarations. According to official data, the declared amounts are divided into financial assets, real estate and cash holdings. The tax regularization campaign faced was marked by great fear on social networks. The authorities then accused certain influencers of having sowed panic. These influencers would have produced videos and publications containing “erroneous data on a new tax on bank accounts”, “seizures on bank accounts in 2025 without notice” and would have launched calls to “not deposit money in banks”. A campaign widely criticized by the Moroccan authorities who continued to encourage taxpayers to quickly resolve their tax situation.
