Moroccan tax authorities: the DGI tracks down business leaders suspected of tax evasion

These business leaders are suspected of fleeing their obligations to honor their debts owed to the administration, banks and suppliers, according to sources at Hespress. The tax inspectors, relying on information provided by the risk analysis and programming service, have discovered that the managers of these companies have transferred their shares and resigned, while their structures continued to incur debt.

In their investigations, the regional control teams have thoroughly examined the personal guarantees taken out, the unpaid loans and established a link between the timing of the transfers and the actual financial situation of the companies. The investigators are also focusing on the role of intermediaries and accountants in these transactions. The latter offer distressed companies to new buyers, in violation of the rules in this area.

The information gathered from banks and other creditors has allowed investigators to determine the debts and locate the responsibilities. The inspectors have notably discovered that these companies are used to obtain bank loans or facilitate import-export operations. The transfer of shares or the resignation of a manager does not put an end to the contractual obligations or the personal guarantees taken out, the authorities recall.