Summary
If you make 20,973,326 MAD a year living in Morocco, you will be taxed 8,241,342 MAD. That means that your net pay will be 12,731,984 MAD per year, or 1,060,999 MAD per month. Your average tax rate is 39.3% and your marginal tax rate is 39.4%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 MAD in your salary will be taxed 39.40 MAD, hence, your net pay will only increase by 60.60 MAD.
Bonus Example
A 1,000 MAD bonus will generate an extra 606 MAD of net incomes. A 5,000 MAD bonus will generate an extra 3,030 MAD of net incomes.