The Pensions (Tax Exemption) Rules have been updated by LN 48 of 2023. The revised rules, which enter into effect from 1 January 2023, update the exemption thresholds for pensions income derived by an individual on or after 1 January 2022....
The extended deadlines for the e-filing of corporate tax returns have been published by the Office of the CfR - view here. ...
The Office of the CfR has announced that the Annual Notification due by 31st March 2023 is available for download - view here. Notifications shall be made by sending a signed copy of the completed document together with the Excel file to mdr.mfin@gov.mt...
Further to the decision of the CJEU in case C-694/20 (See MIT News 9 December 2022) the Commissioner for Revenue has issued a guideline on the consequences of the judgement - view here. In addition V1.2 of the DAC6 guidelines has been issued with updates to Section...
The Office of the CfR has issued guidance on the calculation of the 30-day period for the purposes of article 56(17) of the Income Tax Act. The CfR Notice clarifies that presence in Malta on vacation leave or sick leave is to be disregarded. Furthermore, presence in...
LN 40 of 2023 has revised the provisos to Rule 3 of the Group Deductions Rules (SL 123.205), which now read: "Provided that the total allowable deductions that may be claimed shall not exceed one million euro(€1,000,000) per group of companies and the total amounts surrendered in...
The Office of the Commissioner for Revenue has announced that the AEOI Implementing Guidelines have been updated. Version 4.3 of the Guidelines is available here....
The Office of the CfR has announced an extension to the VAT return submission (and VAT payment) deadline for the period October to December 2022 from 22 February 2023 till 28th February 2023. The due date of the relative payment is being extended accordingly (ie 28th February...
This week's edition of the CFE Tax Top 5 looks at the following: EU List of Non-Cooperative Jurisdictions for Tax Purposes Updated ECHR Publishes Judgment in LuxLeaks Whistleblower Case OECD Public Consultation on Compliance & Tax Certainty of Global Minimum Tax – 16 March 2023 Register...
