The Moroccan Ministry of Economy and Finance has issued draft procedures for the conclusion of advance pricing agreements (APAs) introduced in the Finance Act 2015, which allows Moroccan taxpayers to enter into APAs with the tax authorities for transactions with non-resident related parties. To enter into an APA, the application to the tax authorities should include the following information where relevant:
- Details of the transactions to be covered and the period to be covered;
- Details of re…