17.6 billion dirhams in tax revenue at the end of June

The tax revenues of local authorities reached 17.6 billion dirhams (MMDH) at the end of June 2022, up 5% compared to their level a year earlier, according to the General Treasury of the Kingdom (TGR).

This development is the result of the 9.7% drop in direct taxes and the 18.5% increase in indirect taxes, specifies the TGR in its recent monthly bulletin of local finance statistics (BMSFL), noting that these revenues taxes accounted for 84.3% of the overall revenue of local authorities at the end of June.

Standing at 11.9 billion dirhams at the end of June 2022 against 11.1 billion dirhams a year earlier, the resources transferred are up by 7.7%, following the increase in the share of local authorities in the proceeds of the tax. on added value (+1.67 billion dirhams) and support funds (+348 million dirhams (MDH), combined with the decrease in the share of the regions in the income from corporate tax and income tax on income (-828 MDH), subsidies (-206 MDH) and the share in the product of the tax on insurance contracts (-138 MDH).

44% of local authority revenue is made up of their share of VAT revenue, notes the same source.

At the end of June 2022, the resources managed by the State on behalf of local authorities reached 4.98 billion dirhams against 4.83 billion dirhams a year earlier, an increase of 2.9%, resulting from the increase in business tax (+ 236 MDH), combined with the reduction of the municipal services tax (- 84 MDH) and the housing tax (- 10 MDH).

The evolution of the structure of the resources of local authorities between the end of June 2021 and the end of June 2022 shows a decrease in the share of resources managed by local authorities and resources managed by the State, combined with an increase in the share transferred resources.

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