Morocco's government has approved draft decree 2-17-757, which sets out the qualifying activities and requirements for the tax incentive for profits derived from export operations in relation to the expanded scope of the incentive to indirect exporters by the Finance Law for 2017. The incentive includes a five-year tax exemption followed by a reduced corporate tax rate of 17.5%. The decree includes that in order to enjoy the incentive, indirect exporters must maintain and provide a detailed statement of sales invoiced to each exporting enterprise, as well as certificates provided by the exporting enterprises attesting to the use of acquired...