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Morocco Provides Payment Deadline Extension for Corporate and Individual Taxpayers

08 July 2020

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Approved Changes

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Morocco

The Moroccan General Directorate of Taxation has announced an extension of the deadline for tax payments by taxpayers facing cash flow difficulties due to COVID-19. As previously reported, for companies whose turnover for the 2019 finance years was less than MAD 20 million, the tax return deadline was extended to 30 June 2020. While the tax return deadline was not further extended, relief is provided from surcharges, fines, and penalties for late payment for companies who were unable to pay their tax by 30 June due to cash flow difficulties, provided that the payment of tax is made by 30...