The European Commission has launched a consultation on how VAT rules can be adapted to better support circular business models. The focus is on three key areas: the treatment of second-hand goods, donation vs destruction of viable goods, and the VAT deduction rules for passenger...
The Protocol amending the Double Taxation Agreement between the Malta and Romania for the avoidance published as a Schedule to Legal Notice 97 of 2026 shall, pursuant to LN 251 of 2026, be deemed to have come into force on 22nd of May 2026....
LN 250 of 2026 has revised the Duty on Donations of Marketable Securities and Immovable Property Used for Business (Exemption) Order (SL 364.15), extending the reduced rate of duty to transfers causa mortis of qualifying assets where it can be proved that there existed a...
On 1 October 2026, the IFSP will kick off a course designed for risk and/or compliance officers working within CSPs as well as independent directors and CSPs: Risk Management and Compliance: An Introduction to the Theory and Practice. View here for further details....
Pursuant to article 12(1)(e)of the Income Tax Act, LN 229 of 2026 lists those entities which are considered to be engaged in philanthropic work and thus exempt from income tax....
Subsidiary Legislation 406.02 enables a taxable person whose input tax is expected to exceed its output tax for 4 consecutive VAT periods to apply to the CfTC for the allocation of monthly instead of quarterly VAT periods. The MTCA has published a guideline which sets...
Further to the AGM of the Malta Institute of Taxation held on 16 June 2026 (see MIT News 18 June 2026), the Council of the MIT held its first meeting during which the appointments to key roles within Council as well as Committee chairpersons were...
Further to the AGM of the Malta Institute of Taxation held on 16 June 2026 (see MIT News 18 June 2026), the Council of the MIT held its first meeting during which the appointments to key roles within Council as well as Committee chairpersons were...
The MTCA has issued guidance on the issuance of fiscal receipts by persons registered under article 11 as a "Small Enterprise". The guidance clarifies that, where such persons are required to issue a fiscal receipt (applies to all supplies made in Malta with the exception...
