RE: Here we go again8 May 2025 07:35
Porters? I will give you a clue - At present...the company is loss making, therefore, you do not pay tax, IF! we start producing and will therefore likely make a profit, the 10 year tax breaks kick in.
Also, it is worth bearing in mind, that with most countries, you don't start paying tax until you have utilised all of your carried forward losses. I am not sure of the tax rules in Morocco regarding this though.