The EU list of non-cooperative jurisdictions was updated on 9 October 2026. Panama and Viet Nam have been removed from Annex I and moved to Annex II. Belize has been removed from Annex II. Annex I now lists the following: American Samoa, Anguilla, Guam, Palau, the Russian Federation,...
This week's edition of the CFE Tax Top 5 looks at the following: EU AML Authority Finalises Technical Standards for FIU Cooperation & EPPO Reporting OECD Publishes Tax Co-operation for Development 2025 Progress Report Tax Inspectors Without Borders Annual Report 2026 Published CFE Issues Opinion...
Today, 24 June 2026, the European Commission adopted a tax simplification package comprising two legislative proposals: the direct taxation Omnibus and the Recast of the Directive on Administrative Cooperation (DAC) The declared objectives of these initiatives are to streamline EU tax rules, reduce compliance costs for businesses, and...
Further to a compliance exercise conducted by the Malta Tax & Customs Administration during the first quarter of 2026, under the Cooperation with other Jurisdictions on Tax Matters Regulations, which give effect to the CRS and FATCA framework in Malta, the MTCA has published a...
This week's edition of the CFE Tax Top 5 looks at the following: Ireland Launches 2026 Presidency of the Council of the EU & Sets Out Tax Priorities OECD Issues Guidance on Global Information Return XML Schema Ahead of First Filing Cycle Council of the...
Effective 1 July 2026, purchases of low-value goods online from outside the EU and imported into Malta will be subject to a €3 duty charge (See MIT News 2 January 2026). The MTCA has issued guidance on the manner in which the duty is to...
This week's edition of the CFE Tax Top 5 looks at the following: OECD Launches Consultation on Revised Transfer Pricing Guidelines on Intra-Group Services EU AMLA Publishes Draft Guidelines for Outgoing Monitoring of Business Relationships FISC Hearing on Reverse Charge Mechanism in Fight Against VAT...
This week's edition of the CFE Tax Top 5 looks at the following: OECD Publishes Consolidated Commentary to the GloBE Model Rules AG Kokott Issues Opinion on Abuse Threshold Under Parent-Subsidy Directive in Case C-203/35 FISC Hearing on Reverse Charge Mechanism in Fight Against VAT...
The European Commission has published a new frequently asked question (‘FAQ’), which provides an answer on how to treat Cyprus’ (qualified) income inclusion rule under the EU Pillar 2 Directive. The FAQ can be viewed here. The MTCA has issued an announcement notifying that given that Malta...
