Morocco to Exempt Defense Industries From Corporate Tax: MAP

Nov. 14, 2024, 3:30 PM UTC

Government approved a draft decree that would exempt manufacturers of defense and security equipment, weapons and ammunitions from paying corporate tax, state news agency MAP reports.

NOTE: Morocco Aims to Fly Its First Locally Assembled Plane in 2030

To contact the reporter on this story:
Souhail Karam in Rabat at skaram10@bloomberg.net

To contact the editor responsible for this story:
Tarek El-Tablawy at teltablawy@bloomberg.net

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