CESOP data specifications document

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....

CFE Tax Top 5 (5 February 2024)

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 ...

Amendment to the Income Tax Exemption Order

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)...

Malta-Switzerland Double Tax Agreement

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...

CESOP registration deadline extended

Payment service providers whose home Member State or host Member State is Malta, and who have an obligation to register for CESOP, have been granted a one-time extension of the registration deadline from 25 January 2024 to 16 February 2024.  Visit the MTCA CESOP portal for...

VAT zero-rate for certain supplies to non-profit making organisations

Amendments to the Fifth Schedule Parts 1, 3 and 4 of the VAT Act were introduced by LN 12 of 2024. The changes exempt (zero-rate) supplies to recognised non-profit making organisations of devices and aids, including related goods, which are essential to compensate or overcome...