DAC6 Guidelines published

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...

CFE Annual Report 2020

CFE Tax Advisers Europe, of which the Malta Institute of Taxation is a member, has published its Annual Report for 2020. The report is available here....

Commission proposal to allocate decison-making powers to VAT Committee

Further to the European Commission's consultation on the a proposal to turn the VAT Committee into a ‘comitology committee’ (see MIT News 4 October 2020) the Commission has presented a proposal for a Council Directive amending Directive 2006/112/EC as regards conferral of implementing powers to the Commission...

CFE Tax Top 5 (14 December 2020)

This week's edition of the CFE Tax Top 5 looks at the following: AG Kokott: Belgian Excess Profit Rulings Constitute ‘State Aid Scheme’ EU Parliament Calls for Wider Scope of EU Tax Blacklist EU Leaders Reach Agreement on Longer-Term Budget Applications Open: CFE’s 2020 Albert...

EU tax transparency rules to be extended to digital platforms (DAC7)

EU Member States have agreed to extend EU tax transparency rules to digital platforms. Following the proposal made by the Commission in July as part of the Action Plan for Fair and Simple Taxation the agreed proposal on administrative cooperation (DAC 7) will ensure that Member States automatically...

CFE Tax Top 5 (7 December 2020)

This week's edition of the CFE Tax Top 5 looks at the following: CFE’s 13th European Professional Affairs Conference FISC Hearing on Harmful Tax Practices & Distortion of the Single Market OECD Tax Revenue Trend Report EU Council Conclusions on Tax Challenges IAFEI Global 50th...

CFE Tax Top 5 (30 November 2020)

This week's edition of the CFE Tax Top 5 looks at the following: France Proceeds With Digital Tax Collection Despite Likely US Tariff Retaliation CFE European Register Webinar: DAC6 EU Mandatory Disclosure Rules – 3 December EU Commission Seeks to Expand Exchange of Information to...

Commission roadmap to extend scope of DAC to Crypto-Assets and e-Money (DAC8)

The European Commission published an Inception Impact Assessment on the future revision of the Directive on Administrative Cooperation (DAC8). This initiative will amend the Directive on Administrative Cooperation (‘DAC’) to ensure that EU rules stay in line with the evolving economy and include other areas such...