The Commissioner for Revenue and the Registrar of Companies have announced that documents relating to share transfers, changes in issued share capital/voting rights of companies and other commercial partnerships where applicable, and transfers of interests in partnerships, requiring registration by the ICTU, are to be delivered to...
A new online service for reactivation of a VAT and PE number, which processes requests in real time, has been launched for sole proprietors by the Office of the CfR. Access to the service is available through this link. A presentation on this new service is available here. source: cfr.gov.mt...
The Commissioner for Revenue has announced that the online registration process applicable to DAC6 Reporting Entities required to submit information in relation to reportable cross-border arrangements is now available. This may be accessed at this link. source: cfr.gov.mt...
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...
