Lesieur Cristal has officially concluded a comprehensive tax audit covering various taxes and duties for the periods from 2018 to 2023. Following extensive discussions with the General Directorate of Taxes (DGI), the company signed a settlement agreement for an irrevocable payment of 110 million dirhams.
The audit focused on corporate tax (IS), income tax (IR), stamp duties for 2020 to 2023, and value-added tax (VAT) for 2018 to 2023. Conducted in a collaborative and constructive manner, the process culminated in a mutually agreed resolution, ensuring the matter is definitively closed.
While this exceptional payment will impact the net annual result for 2024, Lesieur Cristal emphasizes that the expense is a one-time event. It does not alter the company’s robust fundamentals, nor does it detract from its operational and financial stability. The company confirms that its revenues and business activities remain aligned with the targets set for 2024.
Despite this isolated fiscal adjustment, Lesieur Cristal remains firmly focused on the future. The company continues to pursue its sustainable growth strategy, supported by strong revenue figures and optimistic prospects.
