CFE Tax Top 5 (25 January 2021)

This week's edition of the CFE Tax Top 5 looks at the following: EU Parliament Adopts Resolution Urging Revisions to EU Tax Blacklist Process OECD Tax & Development Day – 29 January 2021 ECOFIN Discusses Portuguese Presidency Priorities EU Commission Proposes to Extend Temporary State...

DAC 6 Reporting service now available

The office of the Commissioner for Revenue has announced that access to submit DAC6 reports in XML format is now available through the CfR online portal. A personalised excel spreadsheet will be available for download in the coming days to enable reporting by those reporting entities not...

CFE Tax Top 5 (18 January 2021)

This week's edition of the CFE Tax Top 5 looks at the following: EU Commission Launches Digital Levy Roadmap & Public Consultation OECD Virtual Consultation on Pillar 1 & 2 Blueprints EU Commission Publishes Progress Report on Customs Risk Management Inclusive Framework on BEPS Public...

EU Consultation: Digital Levy

The European Commission has launched a public consultation on the proposed initiative to introduce a digital levy. The Inception Impact Assessment indicates that the options for the digital levy which are being considered include: A corporate income tax top-up to be applied to all companies conducting certain...

CFE Tax Top 5 (12 January 2021)

This week's edition of the CFE  Tax Top 5 looks at the following: Christmas Miracle: Brexit Deal Reached OECD Pillar 1 & 2 Consultation – 14 to 15 January Commission Publishes Guidance on Coronavirus Support Measures EU-China Trade Agreement In Memoriam of Dr Tom O’Shea Click...

DAC6 Reporting Entity Registration

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...

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...