The MIT held its Annual General Meeting online on 17 June 2025. The AGM was opened by the President of the MIT, Dr Conrad Cassar Torregiani, who reminded members that 2025 is a milestone year for the Malta Institute of Taxation as it celebrates 30 years...
Subsidiary legislation issued under the Income Tax Management Act (CAP 372) pursuant to LN 139 of 2025 repealed the Audit Report Waiver and Deduction Rules (SL 372.29) and introduced new rules around audit report waivers (See MIT News 20 July 2025). The MTCA has issued guidelines...
This week's edition of the CFE Tax Top 5 looks at the following: G20 Meeting Highlights Progress on International Tax Cooperation EU Commission Sets Out Plans for 2028 – 2034 EU Budget & Corporate Contribution Mechanism Harvard Centre for International Development & Irish Tax Institute...
The European Commission has launched a public consultation to gather input from stakeholders on modernising VAT rules for the travel and tourism sectors. The purpose of this initiative is to assess and revise: the special VAT scheme for travel agents VAT rules on passenger transport An online questionnaire...
The MIT Guide to completing a VAT return has been updated to reflect the changes to the VAT Return implemented in 2024 as well as clarifications obtained during the course of 2025. The key changes are outlined in the Table of Changes, for ease of...
Subsidiary legislation issued under the Income Tax Management Act (CAP 372) pursuant to LN 139 of 2025 repeals the Audit Report Waiver and Deduction Rules (SL 372.29) and introduces new rules around audit report waivers: an audit report waiver for the first two accounting periods...
LN 137 of 2025 has revised the income from artistic activity rules (SL 123.211), amending rule 3(b) (the tax base), and rule 4 (tax on the excess), and deleting rule 6. The amendments come into force from YA 2026. ...
This week's edition of the CFE Tax Top 5 looks at the following: Trade Tensions & Tax: EU Navigates US Tariffs and Budget Pressures ECOFIN Focuses on Danish Presidency Priorities & Fiscal Resilience OECD Publishes 2024 Tax & Development Report New Regulation Implements DAC9 Exchange...
The Malta Tax and Customs Administration (MTCA) has published a series of Frequently Asked Questions (FAQs) relating to VAT to provide further guidance on key topics: Registration & De-registration - view here VAT rates & exemptions - view here Tax invoices & fiscal receipts -...
