The Office of the CfR has announced that the Guidelines on the Mandatory Automatic Exchange of Information in relation to Cross-Border Arrangements have been published. Click here to view Version 1.0 of the guidelines. source: cfr.gov.mt...
LN 459 of 2020 has revised the Exemption from Tax on Certain Property Transfers Rules (SL 123.199), substituting Rule 3 concerning the applicability of the rules, inter alia, addressing transfers made on or after 9 June 2020 but before 1 January 2022....
The Tax Rebate (Pensioners) Rules have been revised, essentially increasing the amounts by which the rebates are capped. The changes introduced by LN 460 of 2020 shall apply in respect of income earned on or after the 1st January 2021....
LN 462 of 2020 has revised the Deduction (Income from employment) Rules. With effect from YA 2022, the rules shall apply where the income from employment in the year immediately preceding the year of assessment does not exceed €9,930 (reduced from €9,840)....
Further to the publication of the Double Taxation Relief (Taxes on Income) (Russian Federation) Order (see MIT News 11 November 2020), the Protocol amending the Convention between the Government of Malta and the Government of the Russian Federation for the Avoidance of Double Taxation and the...
The Office of the Commissioner for Revenue has announced that the income tax return and the supplemental document for Year of Assessment 2020 required to be filed by a principal taxpayer in respect of a fiscal unit are now available for download. Kindly note that whilst...
Earlier this week the Malta Institute of Taxation participated in the 28th Meeting of the EU VAT Expert Group during which the Commission presented the Taxes in Europe Database - an online Database which offers structured information on around 650 taxes in the EU (including...
The Office of the CfR has announced a new electronic service - requests for a Tax Residence Certificate can now be made online via the CfR's Income Tax Services Online. [Read more] source: cfr.gov.mt...
The Commissioner for Revenue has announced that the cut-off date for the version change of the CRS and CbC XML schemas for any domestic reporting is 10 January 2021. Any CRS and CBC XML data files submitted after this date must comply with the new OECD...
