Mauritius and Morocco implement significant tax reforms and reporting changes

The Mauritius Revenue Authority (MRA) projects a decrease in tax declarations to approximately 300,000 for the 2026-27 fiscal year, down from 347,000 in the previous period. This decline is attributed to recent tax reforms, specifically the increase of the zero-tax threshold from Rs 390,000 to Rs 500,000, which exempts more low-income earners. The tax regime has also been simplified from 11 brackets to three: 0% for income up to Rs 500,000, 10% for income between Rs 500,001 and Rs 1 million, and 20% for income exceeding Rs 1 million. Additionally, a 35% tax rate will apply to high earners with income exceeding Rs 12 million starting from July 1, 2026.

In Morocco, new legislation published in the Official Bulletin on July 26, 2026, mandates the automatic exchange of country-by-country reports (CbCR) for multinational groups. This measure targets aggressive tax planning by allowing the tax administration to receive profit and tax data from international groups operating in Morocco. Conversely, Moroccan groups with a consolidated turnover of at least 8.122 billion dirhams must share similar documentation with OECD contracting states. The reporting obligations apply to multinational groups with a total consolidated turnover of at least 750 million euros.