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...
LN 444 of 2020 has revised The Tax Credits for Micro-enterprise and the self-employed Regulations [S.L. 463.09]. The changes apply retroactively from 1 September 2020. They include the possibility for Malta Enterprise Corporation, in view of significant distortions in the economy caused by unforeseen events, to...
The European Union Tax Dispute Resolution Mechanisms Directive Implementation Regulations have been amended pursuant to L.N. 441 of 2020. The revised Regulation 12 provides for the role of the Chairman of the Board of Governors of the Malta Arbitration Centre in setting up the Advisory Commission. ...
The CFE 13th European Conference on Tax Advisers’ Professional Affairs on the topic “Taxpayer Rights and Legal Certainty in the Digital Era” will take place ONLINE via Zoom on Monday 30 November 2020 from 3:30 to 5:00 CET. "The webinar conference will welcome tax experts and...
