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...
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...
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...
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....
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 credit and credit guarantees. View here. *** Understanding the scope of the 12% VAT Rate Join us on 29...
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 ...
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 care of the human body. View here....
Widow's Pension and Survivor's Pension have been added to the list of allowances and benefits which are exempt from income tax pursuant to the Income Tax Exemption Order (LN 19 of 2024)...
LN 15 of 2024 notified that the Protocol amending the Double Taxation Agreement between the Government of Malta and The Swiss Confederation published as a Schedule to Legal Notice 198 of 2021 (see MIT News 1 May 2021) shall be deemed to have come into...
