Morocco's Finance Law for 2016 was published in the Official Gazette on 21 December 2015. The Law includes the introduction of new progressive corporate tax rates, new tax compliance penalties and a number of other changes.

Progressive Corporate Tax Rates

The standard corporate tax rate of 30% is replaced with the following progressive rates:

• up to MAD 300,000 - 10%
• over MAD 300,000 up to 1…