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Morocco Strengthens Tax Ties With France

by Ulrika Lomas, Tax-News.com, Brussels

27 March 2013


Morocco’s Director General of Taxation Abdellatif Zaghnoun has recently highlighted the "very intense" cooperation between France and Morocco in the area of taxation and customs.

Following an international gathering in Paris, Zaghnoun alluded to the "unique" and "multi-faceted" relationship between the Moroccan and French Finance Ministries. Zaghnoun explained that regular meetings take place between the two tax administrations, to identify areas for further cooperation and development and to share expertise and knowledge.

Zaghnoun stressed the close tax ties between Morocco and France, and the Government's commitment to strengthening these relations and to encouraging mutual investment. The Moroccan Government is constantly striving to introduce fiscal measures aimed at facilitating investment in and encouraging French investors to Morocco, Zaghnoun said.

Eager to improve the tax system and to attract investors, Morocco has already lowered corporate and individual income tax rates and simplified tax legislation. The Moroccan Government is committed to improving tax transparency and to improving relations between taxpayers and the tax administration, referencing the latest and the best international standards.

TAGS: Morocco | tax | corporation tax | tax rates | France | tax breaks | individual income tax

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