CFE Tax Top 5 – 27 January 2020

This week’s edition of the CFE Tax Top 5 looks at the following: Solving the Digital Tax Conundrum: US and France Pave Way for OECD Agreement; ATAF: Africa Has Right to Its Fair Share of Tax; EU Developments: Croatia’s EU Presidency Update, EU Parliament US...

CFE Tax Top 5 – 20 January 2020

This week’s edition of the CFE Tax Top 5 looks at the following: First ECOFIN Under Croatia’s EU Presidency: Digital Tax and Financing the Green Deal; Digital Tax: No Support for the US ‘Safe Harbour’ Approach; Apple’s CEO: Apple “Desperate” for Fair International Tax System; ...

CFE Tax Top 5 – 13 January 2020

This week's edition of the CFE Tax Top 5 looks at the following: Croatian Presidency Sets Out Policy Priorities; US & France Attempt to Reach Digital Tax Deal; OECD Publish Country-by-Country Reporting Guidance; European Economic & Social Committee Recommend Use of Tax Policy to Achieve...

New ICTU contact details

Further to the relocation of the offices of the International Tax Unit (to be known as the International & Corporate Tax Unit - ICTU), the new general contact number for the ICTU is 22582200.    ...

Updated International Taxation Payment details

​The Office of the CfR has announced that as of 20th January, 2020 the GBP correspondent bank will be changed from HSBC BANK PLC to “J.P. Morgan AG, Frankfurt”. The new related bank account number and SWIFT code are 59012724 and CHASDEFX, respectively. The bank accounts held by the...

ATAD II Implemented

LN 348 of 2019 published on 24 December 2019, implements the provisions of EC Directives 2016/1164 (ATAD I) and 2017/952 (ATAD II) concerning hybrid mismatches, revising the European Union Anti-Tax Avoidance Directives Implementation Regulations (LN 411 of 2018). The amendments entered into effect on 1 January 2020, with...

Relocation of the International Tax Unit’s offices

The Office of the Commissioner for Revenue has announced that the offices of the International Tax Unit have moved to AM Business Centre, Triq il-Labour, Zejtun ZTN 2401. This is the same premises occupied by the Malta Business Registry. Furthermore, with effect from the 3rd of February,...

Guidelines on the Automatic Exchange of Financial Account Information

The Office of the Commissioner for Revenue has published consolidated guidelines on the automatic exchange of financial account information in connection with the application of FACTA IGA, CRS and DAC II. These supersede and revoke any previously issued guidelines supplementing these instruments. The salient changes included...

CFE Tax Top 5 – 16 December 2019

This week’s edition of the CFE Tax Top 5 looks at the following: ECOFIN Report to the European Council on Tax Issues; Tax Policy Key to New European Green Deal; Montenegro & Honduras Join Inclusive Framework on BEPS; OECD Tax Statistics Indicate Revenue Plateau; Turkey...