Tax

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Chapter | Tax from The Report: Brunei Darussalam 2013

This chapter contains updates on the Brunei Darussalam tax system, offering need-to-know information for doing business in the Sultanate. It also contains a tax viewpoint from Pengiran Moksin, President, Brunei Darussalam Institute of Certified Public Accounts, and Partner, Deloitte.

As ASEAN chair in 2013, Brunei Darussalam has a regional agenda to push forward alongside its domestic plans for the year. Chief among its local priorities is developing alternative resources streams in its economy, which has long been driven by its oil and natural gas revenues. 

The 2013 Finance Law has been adopted in a difficult economic context, which makes balancing the budget and accounts an absolute priority. This law demonstrates the preparedness of the Moroccan authorities to pursue fiscal reform spread out over several years. The fiscal measures that have been introduced by the 2013 Finance Law meet the demand to...

Historically, Moroccan authorities have called upon the private sector to partner on initiatives that are under the jurisdiction of the state and the local authorities. This has been an established practice for decades in public utilities such as water and electricity. Starting in the 1980s, the role of the private sector has grown substantially...

Located in the westernmost region of North Africa, Morocco has an impressively diversified economy and in recent years has benefited from steady growth. The country has strong trade links with the EU and has a young population – with the median age of its roughly 32m people at 27.3 years – which in turn provides the country with a large supply of available and comparatively skilled labour.

Chapter | Tax from The Report: Morocco 2013

In conjunction with KPMG, OBG explores the taxation system, examining Morocco’s investor-friendly environment. OBG talks to Fouad Lahgazi, Senior Partner, KPMG, on new legislation governing public-private partnerships (PPPs).

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