According to recent reports, the Moroccan Council of Ministers has approved the draft Decree setting out the procedures for Moroccan taxpayers to enter into advance pricing agreements with the tax authorities for transactions with non-resident related parties. The Decree sets out the general conditions for entering into an APA and the required information to be included in an APA application ({News-2016-08-31/P/3-previous coverage}). Applications should be submitted at least six months before the beginning of the year to be covered, and if approved, may apply for up to four years. Although approved, the Decree must still be published in the Official...