As previously reported, Morocco's Finance Law for 2021 introduced new transfer pricing documentation requirements, including that the documentation must be submitted during an audit (or within 30 days of request) by companies carrying out transactions with related companies outside Morocco, where: the company's turnover is greater than or equal to MAD 50 million; or the company's total gross assets in the balance sheet at the end of the financial year concerned is greater than or equal to MAD 50 million. In relation to the new submission requirements, new penalties have also been introduced. This includes a penalty for failing to...