In series:Global Forum on Transparency and Exchange of Information for Tax Purposes: Peer Reviewsview more titles
Published on November 04, 2016
Also available in: French
Morocco’s legal and regulatory framework overall requires availability, access and exchange of all tax relevant information and is rated largely compliant with the international standard. Nevertheless, room for improvement was identified in areas concerning availability of information on bearer shares’ holder and regarding retention period for accounting records. Morocco is also recommended to accelerate its ratification process and to improve its exchange of information processes. Morocco’s response to the recommendations, as well as the application of its legal framework and exchange of information in practice will be considered in the next round of peer review of Morocco which is scheduled to commence in the second half of 2020. For further information on the exchange of information practice of Morocco and to read the full report click here.