New ICTU contact details

Further to the relocation of the offices of the International Tax Unit (to be known as the International & Corporate Tax Unit - ICTU), the new general contact number for the ICTU is 22582200.    ...

Updated International Taxation Payment details

​The Office of the CfR has announced that as of 20th January, 2020 the GBP correspondent bank will be changed from HSBC BANK PLC to “J.P. Morgan AG, Frankfurt”. The new related bank account number and SWIFT code are 59012724 and CHASDEFX, respectively. The bank accounts held by the...

ATAD II Implemented

LN 348 of 2019 published on 24 December 2019, implements the provisions of EC Directives 2016/1164 (ATAD I) and 2017/952 (ATAD II) concerning hybrid mismatches, revising the European Union Anti-Tax Avoidance Directives Implementation Regulations (LN 411 of 2018). The amendments entered into effect on 1 January 2020, with...

Relocation of the International Tax Unit’s offices

The Office of the Commissioner for Revenue has announced that the offices of the International Tax Unit have moved to AM Business Centre, Triq il-Labour, Zejtun ZTN 2401. This is the same premises occupied by the Malta Business Registry. Furthermore, with effect from the 3rd of February,...

Guidelines on the Automatic Exchange of Financial Account Information

The Office of the Commissioner for Revenue has published consolidated guidelines on the automatic exchange of financial account information in connection with the application of FACTA IGA, CRS and DAC II. These supersede and revoke any previously issued guidelines supplementing these instruments. The salient changes included...

Transposition of Tax Intermediaries Directive

The Cooperation with Other Jurisdictions on Tax Matters Regulations (Subsidiary Legislation 123.127) have been revised in virtue of Legal Notice 342 of 2019 published on 17 December 2019. The amendments, inter alia, transpose the provisions of Council Directive 2018/822 of 25 May 2018 amending Directive...

Amendment to the Tax Rebate (Pensioners) Rules

Subsidiary Legislation 123.74 has been revised to increase the maximum amount of tax rebate available to persons chargeable to tax at the rates specified under article 56(1)(a) and (b) of the Income Tax Act. The amendment introduced by Legal Notice 326 of 2019 will come into...

Payment of PT Rules – change to additional tax calculation

LN 304 of 2019 published on 19 November 2019, amends the Payment of Provisional Tax Rules (S.L. 372.18). A new proviso to Rule 14(1) provides that in respect of periods commencing on or after 1 January 2020, additional tax due in relation to late payment of provisional...