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...
The Office of the CfR has announced that the DAC6 XML Schema to be used for filing information in relation to reportable cross-border arrangements and the DAC6 XML Schema user guide are now available. These are available at this link. source: cfr.gov.mt...
The office of the CfR has announced that the electronic filing deadline for year of assessment 2020 tax returns in respect of companies having a 31 December 2019 accounting year-end is being further extended to 16 December 2020. source: cfr.gov.mt...
The Office of the CfR has announced that the Electronic Lodgement Specifications has been updated. The updates include fields relating to director’s fees and overtime eligible for the 15% tax deduction. Click here to view the updated document. source: cfr.gov.mt...
The Office of the CfR has published a guidance note which is intended to provide a general overview of the European Union Dispute Resolution Mechanisms Directive Implementation Regulations (SL 123.191). source: cfr.gov.mt...
The Budget Measures Implementation Bill (Bill 173 of 2020) has proposed an amendment to the Income Tax Management Act (CAP 372). A proposed new proviso to article 13(4), which provides a 5-year time limit within which to adjust a tax return resulting in a reduction in...
The office of the CfR has notified that as from 1st November 2020 delegated or assigned CFR online services can only be accessed if authorised through CFR03 or CFR02. source: cfr.gov.mt ...
The Budget measures Implementation Bill [Bill No. 173] has proposed the introduction of a new proviso to article 12(1)(u)(1) of the Income Tax Act (CAP 123) in terms of which the exemption from tax of income derived from a qualifying participating holding shall not apply to...
