Moroccan authorities track down influencers

The competent Moroccan authorities are tracking down influencers who transfer their income into cryptocurrency, particularly Bitcoins, to escape the tax authorities and the Foreign Exchange Office.

According to Assaba“Influencers would have invested in this segment of electronic media which store sums of money without being linked to real bank accounts, to pay part of their income on the web, far from the eyes of the tax authorities and the Foreign Exchange Office “. To put an end to this tax evasion, “the competent authorities carry out audit procedures on the probable income of these influencers based on their activities on the web, and compare them to those declared and transferred to their real accounts at the interior of the country”.