Morocco Delays Tax Data Exchange Laws for Expatriates Amid Controversy

On Tuesday, Nasser Bourita, Minister of Foreign Affairs and African Cooperation, presented two draft laws for the approval of international agreements before the Committee on Foreign Affairs, National Defense, Islamic Affairs and Moroccans Residing Abroad at the House of Representatives. The first is draft law no. 77.19 approving the multilateral agreement between competent authorities on the automatic exchange of information relating to financial accounts.

The ratification of this agreement by Morocco with the Organization for Economic Cooperation and Development (OECD) was effective on June 25, 2019 under the government of Saâdeddine El Othmani. The latter had signed a decree-law enacting transitional provisions relating