L'impact du système fiscal marocain sur l'attractivité des investissements directs étrangers : analyse empirique

Abstract

Since the 1980s, globalization has led to increased tax competition between countries. This race to the bottom in tax rates has reduced tax revenues and created a fragmented international tax environment. In response to this phenomenon, the OECD and the EU have developed initiatives to combat tax competition and promote better international tax governance. One of the tools put in place is the gray list of non-cooperative countries, which aims to encourage countries to comply with international standards.

Morocco was placed on the EU gray list in 2017 due to its harmful preferential tax regimes. In response, the Moroccan government initiated a tax reform aimed at aligning its tax system with international standards.

This paper analyzes the impact of these tax reforms on the attractiveness of Morocco to foreign investors. The study is based on a literature review and a questionnaire survey of foreign investors.

The results of the study show that the tax reforms have had a negative impact on the attractiveness of Morocco to foreign investors. The main reasons for this dissatisfaction are the reduction of tax benefits granted to foreign investors and the perception of an increase in the complexity of the Moroccan tax system.

The study makes recommendations for improving the attractiveness of Morocco to foreign investors. These recommendations include the establishment of a more stable and predictable tax system, reducing the complexity of the tax system, and developing an effective communication strategy to promote the benefits of investing in Morocco.