The Moroccan government has outlined the main points of its upcoming Finance Bill, which focuses on competitiveness, transparency and fiscal sustainability, while consolidating the tax and environmental reforms already underway.
The Moroccan government presented the tax and customs guidelines of the Finance Bill (PLF) for 2026, as part of the three-year budget execution and macroeconomic framework report. These measures, unveiled on August 8, reflect the desire to firmly anchor Morocco on a path of inclusive and sustainable growth, while reducing social and territorial disparities.
Priorities include strengthening customs controls and product traceability. The PLF notably provides for the implementation of a petroleum product marking system, in coordination with the Ministry of Energy Transition, to combat fraud in the hydrocarbon sector and secure tax revenues from this strategic sector.
The tax marking system, already applied to beverages and tobacco, will be extended to other products containing sugar or tobacco derivatives. The objective is to strengthen the transparency and control of products subject to
domestic consumption taxes (TICs), in accordance with international standards for consumer protection and the fight against the informal economy.
On the environmental front, the government plans to introduce a carbon tax, in consultation with several ministries. This new mechanism, currently under development, aims to align customs taxation with the kingdom’s climate commitments and prepare Moroccan businesses for the entry into force of the European Carbon Border Adjustment Mechanism.
The 2026 Finance Bill will also renew the expired TIC reform for cigarettes and introduce adjustments to modernise the legal framework for precious stones, notably by creating a regulatory status for refiners. On the tax front, the government is focusing on the gradual integration of the informal economy through targeted incentive
measures and an improvement in the withholding tax mechanism.
A review of incentive tax regimes is also planned to simplify and secure business restructuring operations.
Tariff adjustments will be introduced in Chapter 30 of the customs tariff, relating to pharmaceutical products, to correct distortions and ensure the availability of medicines. The government also plans to review import duty rates according to the nature of the product – an increase for locally manufactured goods, a decrease for industrial inputs – in order to support domestic production and the competitiveness of the productive sector.
Finally, the 2026 Finance Bill continues to harmonize the tax system by consolidating the main state taxes and clarifying tax base rules to reduce differences in interpretation, in a spirit of trust and transparency with taxpayers.
MK/Sf/fss/as/APA