Morocco Canada Tax Treaty — Double Taxation, Reduced Rates | Free PDF | Upsilon Consulting

Morocco–Canada Tax Treaty

Extract from Official Gazette No. 3516 — Summary of the convention between the Kingdom of Morocco and Canada for the elimination of double taxation and the prevention of tax evasion on income taxes.

Scope of Application

The convention applies to income taxes levied in both States, including:

• Canada: income taxes imposed by the Government of Canada under the Income Tax Act
• Morocco: professional income tax, income tax, corporate tax

Main Provisions

• Rules on tax residence and taxation of real estate income, industrial and commercial profits
• Reduced rates on dividends, interest and royalties
• Treatment of independent professions and directors’ remuneration
• Methods for eliminating double taxation: tax credit
• Rules on mutual administrative assistance and exchange of information
• Provisions relating to pensions and annuities, and student income