Morocco

Morocco finalised 2014 VAT measures

February 22nd, 2014

A number of changes to the Tax Code have been implemented in Morocco to help improve VAT compliance.  The measures include: Input VAT suffered may now be deducted immediately in the next VAT return.  Previously it could only be offset against output in the month following the payment of the VAT. Where taxable businesses are …


Morocco

Morocco introduces reverse charge for VAT non-resident traders

November 30th, 2013

The Moroccan Finance Act 2014 contains plans to close the option of non-resident traders (no permanent establishment or nexus) to VAT register.  Instead, the VAT reverse charge will apply. Moroccan non-resident VAT registrations Currently, foreign traders providing goods or services in Morocco must register for TVA (VAT), and there is no VAT registration threshold.  This …