DGI: Exchange rates for income in foreign currencies set for 2024

DGI: Exchange rates for income in foreign currencies set for 2024
DGI: Exchange rates for income in foreign currencies set for 2024

The exchange rate will be 10.756 DH for 1 euro, 9.959 for 1 American dollar, 12.733 for 1 pound sterling and 11.295 for 1 Swiss franc, specifies the DGI in a decision addressed to regional, provincial, prefectural and inter-prefectural directors, regional and provincial department heads, subdivision heads and sector heads.

The currency rate is published each year at the same period to determine in dirhams the taxable base of foreign source income received during the past financial year.

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