Morocco has enacted the Finance Law for 2020, which was published in the Official Gazette on 14 December 2019. Some of the main measures of the law are summarized as follows:

• The standard progressive corporate tax rates are amended with an increase in the second rate from 17.5% to 20%:
  • up to MAD 300,000 - 10%
  • MAD 300,001 up to MAD 1,000,000 - 20%
  • over MAD 1,000,000 - 31%
• Accordingly, the 17…