A statement by the Ministry of Economy, Finance and Administration Reform stated that this decision confirms that the Kingdom’s partners receive, in a positive way, the measures taken and that the efforts made and the measures taken are completely in line with the principles of good tax governance and international standards.
The same source added that “the European Union Council for Foreign Affairs, which includes 27 European ministers for foreign affairs, adopted its conclusions about non-cooperative countries and regions in the tax field, and removed Morocco from the second appendix of the list of countries awaiting evaluation by the European Union of their commitment to European standards in the tax field “.
He added that the EU Council conclusions, which were adopted on Monday, are the last and final step for the procedure that follows the green light for ambassadors of the member states of the European Union, and confirms that the Kingdom has definitely exited the EU gray list and moved to the green list.
The ministry emphasized that this development confirms that the reforms undertaken by the Kingdom at the tax level are in line with European Union conditions and international standards, as well as the positive cooperation between Moroccan authorities and their European counterparts in this field.
It is noteworthy that Morocco was among the countries that engaged in harmonizing their tax systems with standards of good governance, in the context of enhancing tax transparency at the global level.
In this context, the Ministry adds, a number of legislative texts have been approved, taking into account the nature of each tax system, within the framework of a series of reforms that have been launched since the 2018 Finance Law, noting that during the process of evaluating its tax system, through Morocco is satisfied with its success in convincing the OECD and its European partners of the realism of its vision, which is based on proving its determination to comply with the standards of good governance in the tax field, by taking the necessary measures in a transparent and progressive manner, on the one hand, and ensuring that its social and economic interests are protected, from On the other hand.
The ministry considered that “this positive evaluation was expected, since the visit of the Minister of Economy and Finance, Mohamed Ben Chaaboun, to Brussels in February 2020, and his meeting with his European counterpart, Paolo Gentiloni, who heads the European Commission for Taxes and is responsible for proposing technical considerations and assessments on the basis of which the list of countries and regions is prepared Uncooperative in the tax field.