On 6th June 2013, the Morocco and Serbia tax treaty was signed in Belgrade.
The treaty provides:
- Dividends, interest, and royalties are taxable at a rate of 10 %.
- 10% business rate on business profits in some circumstances
Credit methods are used for elimination of double tax by both countries. After the exchange of ratification instruments the treaty will enter into force and its provisions will apply from 1 January of the year following its entry into force. Serbia completed the ratification process in 2013 but on the other hand Morocco is yet to complete the ratification process.
