The Office of the CfR has issued a Guideline on the application of Article 6 of the Income Tax Act (CAP 123) in terms of which an Investment Services or Insurance Expatriate, as defined, may opt to be exempted from tax on income relating to...
This week's edition of the CFE Tax Top 5 looks at the following: CFE Statement on EU Parliament Pandora Papers Report CFE Opinion Statement on Official Ruling 57:2023 of the Italian Central Tax Office on Intervening Fixed Establishments in a VAT Context Register Now: “A Gender...
This week's edition of the CFE Tax Top 5 looks at the following: G7 Welcome Progress on Two-Pillar International Tax Process AG Kokott: State Aid Law Should Apply to Outlier Tax Cases Only Save the Date: CFE, ICAEW & PwC Event: “A Gender Equal Tax...
The Office of the Commissioner for Revenue has announced that the year of assessment 2023 electronic corporate income tax return is now available on CfR online services. The supplemental document in case of a Fiscal Unit will be available for download on CfR online services in...
An extension of the submission deadline for submission of the income tax return for YA 2023 by individuals has been announced. The deadline of 30 June 2023 is extended to 31 July 2023 for returns submitted electronically....
The Office of the CfR has announced that an application for the reprinting of the VAT Registration Certificate and Information sheet can now be made online via the VAT e-Services portal....
On 16 May 2023, EU Finance Ministers reached political agreement on the general approach for amendments to the Directive on Administrative Cooperation in the area of taxation, primarily concerning reporting and automatic exchange of information on: revenues from transactions in crypto-assets and information on advance...
The proposed reform to the EU Customs Union (See MIT News) includes proposed amendments to the VAT Directive, specifically to the Import One Stop Shop (IOSS): extending the application of the deemed supplier rule (currently limited to distance sales of imported goods not exceeding EUR...
The Commission has put forward proposals for a comprehensive reform of the EU Customs Union, which is being hailed as the most ambitious proposed reform since its establishment in 1968. The proposed measures are intended to simplify customs processes for business, cutting down on cumbersome customs...
