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​....

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....

February VAT Return Deadline EXTENDED

The MTCA has announced an extension of the VAT Return deadline (VAT period October - December 2023), including the payment deadline, from 22 February 2024 to Monday 26 February 2024...

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 (13 February 2024)

This week's edition of the CFE Tax Top 5 looks at the following: Taking Stock of Tax Policy in Von Der Leyen’s EU Mandate CFE Statements on the EU’s BEFIT & Transfer-Pricing Proposals Harmful Tax Practices Update (OECD & EU Blacklist) OECD Release Statistics on...

CESOP data specifications document

The MTCA has published a Data Specifications Document - view here.   For more information on the reporting obligations of Payment Services Providers and the reporting procedures under CESOP, visit the MTCA CESOP portal here....

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 ...