Withholding tax on transactions carried out by VAT-registered service providers<\/strong><\/h4>\n <\/p>\n
This withholding tax will be levied on service transactions referred to in Article 89-1 (50, 100 and 120) of the French General Tax Code (CGI), the list of which is established by regulation, up to the amount of VAT per:<\/p>\n
a) the State, local authorities and public establishments and enterprises and their subsidiaries as well as other public bodies which pay the remuneration for said services to the persons subject to it; ;<\/p>\n
b) Private legal entities subject to taxation and taxable natural persons whose income is determined according to the actual net profit regime or the simplified net profit regime, who pay remuneration for said services to taxable natural persons who have submitted the certificate proving their tax compliance with the obligations to declare and pay the taxes, duties, and levies provided for in the General Tax Code. If said certificate is not submitted, withholding tax is levied at a rate of 100% of the amount of this tax.<\/p>\n
The following are excluded from withholding tax:<\/p>\n
\u2022 sales operations relating to electricity and water delivered to networks<\/p>\n
public distribution; ;<\/p>\n
\u2022 sanitation services provided to subscribers by the organizations responsible for<\/p>\n
sanitation as well as the rental of water and electricity meters; ;<\/p>\n
\u2022 sales made and services provided by telecommunications operators; ;<\/p>\n
\u2022 the services provided by any insurance agent,<\/p>\n
\u2022 and other transactions whose amount is less than or equal to five thousand (5,000) dirhams, up to a limit of fifty thousand (50,000) dirhams per month and by suppliers of goods, works and services.<\/p>\n
The amount of the withholding tax referred to above must be paid to the tax administration's tax collector during the month following the month of payment to the supplier. Each payment must be accompanied by a receipt, using a template established by the administration. Amounts withheld by government agencies and public accountants are paid directly to the public accountants under the authority of the General Treasury of the Kingdom. Any tax credit resulting from the application of said withholding tax will be refunded to the supplier concerned.<\/p>","protected":false},"excerpt":{"rendered":"
Notes accompagnant le projet de Loi de Finances 2024 Afin d’inciter \u00e0 la transparence fiscale et de lutter efficacement contre les fausses factures, il est propos\u00e9 de mettre en place deux nouveaux m\u00e9canismes de retenue \u00e0 la source en mati\u00e8re de TVA, \u00e0 savoir : Retenue \u00e0 la source sur les op\u00e9rations effectu\u00e9es par […]<\/p>\n","protected":false},"author":1,"featured_media":2599,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-2597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fiscalite"],"_links":{"self":[{"href":"https:\/\/auditcloud.ma\/en\/wp-json\/wp\/v2\/posts\/2597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/auditcloud.ma\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/auditcloud.ma\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/auditcloud.ma\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/auditcloud.ma\/en\/wp-json\/wp\/v2\/comments?post=2597"}],"version-history":[{"count":6,"href":"https:\/\/auditcloud.ma\/en\/wp-json\/wp\/v2\/posts\/2597\/revisions"}],"predecessor-version":[{"id":2604,"href":"https:\/\/auditcloud.ma\/en\/wp-json\/wp\/v2\/posts\/2597\/revisions\/2604"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/auditcloud.ma\/en\/wp-json\/wp\/v2\/media\/2599"}],"wp:attachment":[{"href":"https:\/\/auditcloud.ma\/en\/wp-json\/wp\/v2\/media?parent=2597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/auditcloud.ma\/en\/wp-json\/wp\/v2\/categories?post=2597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/auditcloud.ma\/en\/wp-json\/wp\/v2\/tags?post=2597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}