The General Directorate of Taxes has issued a reminder that September 1, 2026, marks the deadline for various tax obligations, affecting both individuals and businesses. This includes the submission of declarations, payments, and withholdings related to the month of July and the second quarter of the current year.
Who is Affected?
These obligations primarily involve corporate and individual taxpayers operating under either the actual net profit or simplified net profit regime, as well as credit institutions, insurance companies, and reinsurance firms. Additionally, enterprises with annual revenue exceeding 500 million dirhams, excluding VAT, are included in this directive.
Withholding Tax and Vehicle Regulations
Among the key measures is a 5% withholding tax on rental income from real estate, applicable to both individual taxpayers and corporate entities. The withholding also covers pension income and certain profits from the sale of securities, alongside specific payments made to individuals.
In regard to vehicle taxation, the Directorate advises owners of vehicles exceeding 9,000 kilograms, who opted for payment in two installments, to settle the second portion of their annual vehicle tax. Importantly, this payment can be made free of charge via automatic banking machines and online platforms.
Insurance Companies’ Requirements
Insurance and reinsurance firms are required to submit a statement about their contributions to the funds enhancing occupational accident pensions for the second quarter of 2026. The Directorate emphasizes that most of these operations should be completed electronically through the “SIMPL” tax service platform.
Compliance and Deadline Importance
The Directorate reiterates the importance of adhering to deadlines to avoid any repercussions associated with late compliance. Taxpayers are encouraged to act promptly to fulfill their obligations and utilize available technological means for convenience.
