Proof of Union Status for goods

The Commission has launched the Proof of Union Status system, a platform for the submission and processing of T2L and T2LF data which are a means to prove the Union status of goods in free circulation which have been brought from one point to another...

DAC 2 Guidelines Updated

The MTCA has announced the publication of Version 4.6 of the DAC 2 guidelines which contains updates to Appendix 1 and Appendix 2. View Version 4.6 here​....

EU List of non-cooperative jurisdictions

The EU List of non-co-operative jurisdictions has been updated, with Bahamas and Turks and Caicos Islands delisted and Belize and Seychelles moved to Annex II pending the results of a supplementary review by the Global Forum on Tax Transparency and Exchange of Information. The remaining counties...

MTCA Guidance on Global Minimum Tax

Further to the transposition of the Global Minimum Tax Directive into Maltese Law (See MIT News 23 February 2024) the MTCA has issued the following guidance note....

CFE Tax Top 5 (19 February 2024)

This week's edition of the CFE Tax Top 5 looks at the following: OECD Releases Pillar 1 Amount B Report US, UK, Austria, France, Italy and Spain Extend Agreement on Transition from DSTs to Pillar One Save the Date: CFE Forum 2024 | Sharing the...

Global Minimum Tax Directive Transposed into Maltese Law

The European Union Global Minimum Level of Taxation for Multinational Enterprise Groups and Large-Scale Domestic Groups Regulations, 2024, transposing Directive 2022/2523, were published by LN 32 of 2024. With the Budget for 2024 it was announced that Malta will opt, for 2024, for the derogation granted...

CFE Tax Top 5 (5 February 2024)

This week's edition of the CFE Tax Top 5 looks at the following: CFE Opinion Statements on the EU Commission BEFIT & Transfer-Pricing Proposals EU Parliament & Council Hold Public Hearing on Seat of Anti-Money Laundering Authority OECD Release Statistics on MNE Groups’ Key International Tax Risks ...

CFE Tax Top 5 (15 January 2024)

This week's edition of the CFE Tax Top 5 looks at the following: OECD Release Updated Assessment of Impact of Global Minimum Tax Tax Priorities of the Belgian Presidency of the Council of EU EU Commission Publishes FAQs on EU Minimum Tax Directive Next Meeting...