The Moroccan General Directorate of Taxation (DGI) recently issued updated guidance for the submission of the Country-by-Country (CbC) reports. Morocco introduced CbC reporting requirements with effect from 1 January 2021 as part of the Finance Law for 2020 for MNE groups meeting an annual group revenue threshold of MAD 8.1225 billion in the previous year, with reports to be submitted within 12 months after the end of the reporting fiscal year. The guidance covers: The background to CbC reporting; The scope of CbC reporting in Morocco, which includes ultimate parent entities in Morocco and constituent entities subject to standard secondary...