OECD Fiscal Agreements Morocco MRE Protection Clarified

Moroccans residing abroad are not affected by fiscal information exchange agreements adopted by Morocco within the framework of the OECD. This is the message Nasser Bourita wanted to convey before the House of Representatives.

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The Minister of Foreign Affairs, African Cooperation and Moroccans Residing Abroad spoke during a session devoted to the adoption of four multilateral conventions. These texts are part of international cooperation on fiscal matters and the fight against tax evasion.

Faced with concerns raised by these agreements, particularly among MRE, Bourita clarified their scope of application. According to him, they concern neither individuals, nor natural persons, nor Moroccans abroad, nor small and medium-sized enterprises.

The mechanism targets only multinational companies with annual turnover exceeding 750 million euros. These are therefore large international groups, subject to fiscal transparency obligations in the countries where they conduct their activities.

An exchange of information between tax administrations

The objective of these agreements is to enable automatic exchange of fiscal data between the administrations of signatory countries. The information concerns in particular the worldwide distribution of profits, taxes paid and certain indicators of economic activity of large groups.

The principle is simple: the tax administration of the country where a multinational’s headquarters is located transmits certain data to the administrations of other countries where this company has subsidiaries or activities. This cooperation should make it possible to better identify aggressive optimization practices and combat tax evasion.

Bourita emphasized that the scope of the agreement is "precisely defined." It is not, according to him, a mechanism intended to monitor the accounts, assets or income of Moroccans living abroad.

The minister also recalled that Morocco’s commitment within this international framework aims to strengthen its place in the global system of financial and fiscal transparency. For Rabat, it is a matter of being an active partner in information exchange, not a mere recipient of data.

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Bourita finally assured that these agreements do not harm either Moroccans residing abroad or Morocco’s sovereignty. The government instead presents this mechanism as a targeted fiscal cooperation tool focused on large multinationals, while affirming its desire to protect the interests of Moroccan citizens, particularly those of the diaspora.