As announced earlier this year, as of 1 July 2026, €3 customs duty per item will be levied on e-commerce parcels valued below €150 imported into the EU (see MIT news 2 January 2026), abolishing the duty exemption applicable until 30 June 2026. The Commission has issued guidance for operators in...
FIAU Malta has launched a consultation exercise on the proposed amendments to the Prevention of Money Laundering Act, the Prevention of Money Laundering and Funding of Terrorism Regulations, the Centralised Bank Account Register Regulations, and the Use of Cash (Restriction) Regulations. The feedback deadline is 31...
This week's edition of the CFE Tax Top 5 looks at the following: OECD Publishes Consolidated Commentary to the GloBE Model Rules AG Kokott Issues Opinion on Abuse Threshold Under Parent-Subsidy Directive in Case C-203/35 FISC Hearing on Reverse Charge Mechanism in Fight Against VAT...
The Malta Tax and Customs Administration (MTCA) has announced that the deadline for both the manual and electronic filing of YA 2026 Income Tax Returns for individuals is 31 July 2026. This deadline also applies to the submission of Income Tax Returns for clubs and similar institutions (TA37), religious entities (TA36), partnerships (TA5) and trusts (Trust...
The European Commission has published a new frequently asked question (‘FAQ’), which provides an answer on how to treat Cyprus’ (qualified) income inclusion rule under the EU Pillar 2 Directive. The FAQ can be viewed here. The MTCA has issued an announcement notifying that given that Malta...
The MTCA has announced that changes between VAT registrations under Article 10 and Article 11 may now be submitted through the VAT e Services portal. Taxpayers registered under Article 10 may submit a request for a change of registration to Article 11 during the first 12...
This week's edition of the CFE Tax Top 5 looks at the following: OECD Releases Common Understanding & Updated Guidance on Global Minimum Tax Implementation EU Commission Publishes 2026 Work Programme for VAT in the Digital Age Implementation AMLA Publishes Direct Supervision Reporting Framework &...
The European Commission has published the work programme for VAT in the Digital Age (ViDA) package, covering implementation activities tentatively planned for 2026 in connection with the implementation of VIDA. The VIDA Package Formally adopted in March 2025, the VIDA Package will be phased in gradually from...
LN 157 of 2026 has introduced a new article 2A to the Customs Regulations which allows the CfTC to authorise, subject to the conditions specified, the onward movement of a motor vehicle which is not in free circulation in the EU and which arrives at...
