The 2026 Commission work programme outlined the European Commission's intention to propose an omnibus directive in direct taxation by June 2026, with the aim to streamline, enhance and clarify the corporate tax directives (Interest and Royalties Directive (Council Directive 2003/49/EC), the Tax Merger Directive (Council...
This week's edition of the CFE Tax Top 5 looks at the following: Commission Launches Call for Evidence on Corporate Tax “Omnibus” Simplification OECD Releases Amount B FAQs & Updates Pricing Automation Tool ECOFIN Updates EU Tax Blacklist & Sets 2027 Budget Guidelines EU AML...
The EU list of non-cooperative jurisdictions was updated on 17 February 2026, with Fiji, Samoa and Trinidad & Tobago removed from Annex I. VietNam and Turks & Caicos have been added to Annex I which now lists: American Samoa, Anguilla, Guam, Palau, Panama, the Russian Federation, Turks...
The European Union Global Minimum Level of Taxation for Multinational Enterprise Groups and Large-Scale Domestic Groups Regulations were revised by LN 48 of 2026 published on 20th February 2026. Pursuant to the amendment to Regulation 11, entities which are exempted from the filing obligation in...
This week's edition of the CFE Tax Top 5 looks at the following: EU Parliament Holds Structured Dialogue With Commissioner Hoekstra on 2026 Tax Files UN Intergovernmental Negotiating Committee Advances Drafting of International Tax Cooperation Convention ECOFIN to Update EU Tax List & Budget Framework...
The MTCA has announced that the Annual Notification form to be submitted by non-disclosing intermediaries, which is due by 28th February 2026, is available for download and can be found at this link. Notifications are to be made by sending a signed copy of the completed...
The MTCA has announced that the Annual Notification due by non-disclosing Intermediaries (DAC 6) by 28th February 2026 is available for download. Download here. Notifications are to be made by sending a signed copy of the completed document, together with the Excel file, to mdr.mfin@gov.mt...
The EU Commission has published its second evaluation of Council Directive 2011/16/EU on administrative cooperation in the field of taxation (DAC). View the report here. source: taxation-customs.ec.europa.eu...
The European Commission has published its 2026 Work Programme. In the area of tax the following proposals have been withdrawn: COM(2013)71 final - Proposal for a COUNCIL DIRECTIVE implementing enhanced cooperation in the area of financial transaction tax COM(2021)565 final - Proposal for a COUNCIL...
