The MTCA has informed Reporting Financial Institutions that, due to the implementation of the CRS XML Schema V3.0 in 2027, all outstanding CRS submissions and any correction files relating to reporting period 2025 or earlier must be submitted by 18th November 2026. This requirement applies...
Under current rules, the VAT Import One-Stop-Shop (IOSS) can only be used for parcels valued at under €150. The Council of the EU has approved legislation that extends the IOSS to all goods irrespective of their value. Once the amendments to the VAT Directive are in...
Further to the EU Commission's public consultation on VAT & the Circular Economy, CFE Tax Advisers Europe has published an Opinion Statement. The Statement focuses on three principal areas of the Commission consultation: the VAT treatment of used, refurbished and remanufactured goods; the donation and destruction...
CFE Tax Advisers Europe has published an Opinion Statement responding to the European Commission Have Your Say Consultation on the Taxation Omnibus. The Statement supplements CFE Opinion Statement FC 4/2026 and provides practical examples of targeted changes which could further reduce compliance burdens, improve legal certainty...
This week's edition of the CFE Tax Top 5 looks at the following: CFE Publishes Joint Statement with European Associations Calling for Agreement on EU Tax Simplification Package OECD Inclusive Framework Holds 18th Plenary in Paris Council to Examine Full DAC Recast Compromise Text AMLA...
The Malta Institute of Taxation hosted a Graduation Ceremony for graduates of the Award in Taxation 2025/2026 (MQF 6), the Award in Tax Compliance 2025/2026 (MQF 5) ant the Award in VAT Compliance (MQF 5), at The Link Hall, on Monday, 19 October 2026. The event was opened...
The EU Commission has published the latest version of the Combined Nomenclature which will apply as of 1 January 2027. The CN provides the basis for declaring goods on import or export and determines the applicable customs duty rate. source: taxation-customs.ec.europa.eu/...
The MTCA's Tax Research Unit hosted its first conference on 26 October 2026 at the Link Hall at the Malta Business Registry. Under the theme 'Current Trends in International Taxation', the conference was organised in collaboration with the Malta Institute of Taxation, with a line-up...
On 26 October 2026, the Minister for Finance and Employment, the Hon Clyde Caruana, delivered the Budget Speech for 2027. Download the Budget Speech here The following is an overview of some of the fiscal measures announced: INCOME TAX → Widening of the individual's Income Tax brackets over...
