The MTCA has published guidance on the scope and application of the reduced rate of 12%, introduced with effect from 1 January 2024, for services consisting of custody of securities. View here. Read more [...
The Malta Tax & Customs Administration has published guidance on the submission of final withholding tax forms (TA22, TA23 & TA24) via the MyTAX portal at https://mtca.gov.mt Download the MTCA presentation here....
This week's edition of the CFE Tax Top 5 looks at the following: European Parliament Adopts The World’s First AI Law CFE Opinion Statement on Engie Case: State Aid in Deduction/Non-Inclusion Structure in Luxembourg US House Hearing on Pillar 1 and Digital Taxes Register Now: CFE Forum –...
By Legal Notice 62 of 2024 the Minister for Finance has named the organisations listed therein as being engaged in philanthropic work, and thus exempt from income tax, including, Aditus Foundation, Fondazzjoni Dar il-Hena and Foodbank Lifeline Foundation Malta....
This week's edition of the CFE Tax Top 5 looks at the following: EESC Opinion on Taxation of Cross-Border Workers CFE ECJ TaskForce Opinion Statement on Joined Cases C-451/21P & C-454/21P Engie State Aid in Deduction/Non-Inclusion Structure in Luxembourg EU Commission Updates Carbon Border Adjustment Mechanism...
The MTCA has published guidance on the scope and application of the reduced rate of 12%, introduced with effect from 1 January 2024, for services consisting of management of securities. View here....
Further to the introduction of the exemption (with credit) on supplies to recognised non-profit making organisations of devices and aids, including related goods, which are essential to compensate or overcome disability in humans (See MIT news 26 January 2024), the MTCA has published guidelines which...
This week's edition of the CFE Tax Top 5 looks at the following: OECD Tax & Development Days EU Commission Opens First Investigation on Foreign Subsidies Under New Regime EU Council Updates List of Non-Cooperative Jurisdictions for Tax Purposes Frankfurt to Host new EU AML...
The Commission has launched the Proof of Union Status system, a platform for the submission and processing of T2L and T2LF data which are a means to prove the Union status of goods in free circulation which have been brought from one point to another...
