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Moroccan tax is based on the French system and is quite complex. We strongly advise that all clients seek professional tax advice. This section is designed to give you a brief guideline to Moroccan property tax. Every tax system is different and the Moroccan system is no exception. With its tax laws left as a legacy from the French colonial days, it is essential to have a professional guide you through the process. Each case is unique and there is no rule of thumb to go by. For this reason propertyshowrooms.com have partnered with independent tax advisors to help you with your potential Moroccan property purchase. To speak with ...
Amazingly the most frequently overlooked tax deduction is interest! Many advisors tell their clients to pay their rent directly into their home loan to eliminate it more quickly. However, the required loan structures and practices are rarely established causing the home loan to actually increase as deductible debt is unwittingly mixed with the home loan. Because it is rarely picked up the interest is not claimed leaving the investor with a smaller tax refund and a bigger home loan. TIP 2: Repair or improvement? There is a fundamental difference between a repair and an improvement–the ... Read More
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