MRE Morocco Income France Tax Declaration Guide

– byFarid Laamoudi · 2 min read
MRE Morocco Income France Tax Declaration Guide

MREs domiciled fiscally in France must pay attention to income earned in Morocco. Rental income, interest, pensions or professional income may need to be declared to French tax authorities, even when they have already been received abroad.

Having an account in Morocco is one thing. Earning income there is another. For Moroccans who live fiscally in France, certain income received in Morocco may need to appear in their French tax return. The issue therefore concerns not only large estates or complex arrangements, but also very common situations.

On Bladi.net : French tax MRE Morocco bank account declaration requirements

An MRE may for example own an apartment in Morocco, receive rental income, earn bank interest, receive a Moroccan pension or collect income from an activity carried out outside France. If this person is domiciled fiscally in France, these foreign income sources may need to be declared to the French tax authorities.

The rule is often misunderstood. Many believe that income earned in Morocco falls solely under Moroccan jurisdiction, especially when it is paid into a Moroccan bank account. But for a person fiscally domiciled in France, the French tax authorities generally require a comprehensive view of income, including that from abroad.

The declaration is made notably with form 2047, dedicated to income earned abroad. This document supplements the main income tax return. It allows you to indicate the nature of income received outside France: salaries, pensions, rental income, interest, dividends or other income as applicable.

On Bladi.net : France Rental Income MRE Tax Obligations Non-Resident

Declaring does not always mean paying twice