On 14 December 2018, the Moroccan General Directorate of Taxation released guidelines detailing the rules to conclude an Advance Pricing Agreement (APA) for transfer pricing purposes. The guidelines clarify the rules on: The initial APA application, including that: Applications may only be made in respect of cross-border operations; Applications must be made at least 6 months before the beginning of the first financial year to be covered by the APA; The initial procedure involves the holding of preliminary meetings and the submission of the application along with required documentation (application template available on the Directorate website); The inquiry process and...