Withholding tax: The taxman does not give up
Is there still a need for clarification concerning the modus operandi of the withholding tax in terms of Corporate Tax and Income Tax on fees and other remuneration paid by the national Government and local authorities to third parties? In any case, the General Treasury of the Kingdom (TGR) and the General Directorate of Taxes (DGI) have just issued a joint circular concerning the terms of implementation of this measure provided for by the 2023 Appropriations Bill.