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...
The deadline allowed for submission of the annual notification by non-disclosing intermediaries is being extended. In this regard, non-disclosing intermediaries waiving their reporting obligation under Regulation 13(7)(e) of the Cooperation with Other Jurisdiction on Tax Matters Regulations are required to submit the annual notification regarding...
The Office of the CfR has published an overview of the most recent legislation developments. The January 2023 edition of the Legislative Updates covers: LN247/2022 Tax Credit (Malta International Airport plc) (COVID-19 Damage Compensation) Rules, 2022 LN 284/2022 Transfer Pricing Rules, 2022 LN 311/2022 Exemption...
The Office of the CfR is seeking the feedback from Reporting Malta Financial Institutions on the relief given by the U.S. on certain pre-existing accounts that are U.S reportable accounts, as per section 14.1 of version 4.2 of the Guidelines on Automatic Exchange of Financial...
The ECOFIN Council has updated the list of non-cooperative jurisdictions, adding the BVI, Costa Rica, Marshall Islands and Russia. Annex I of the EU list, updated on 14 February 2023, now consists of 16 jurisdictions which have demonstrated a lack of commitment to improve their tax...
This week's edition of the CFE Tax Top 5 looks at the following: EU Parliament Subcommittee on Tax Matters Publishes 2023 Schedule of Work 2023 Global Forum Capacity Building Report CFE EU Tax Policy Report Published OECD Tax & Development Days – 15 & 16 February ...
This week's edition of the CFE Tax Top 5 looks at the following: EU Summary Report on Tax Enablers (SAFE) Consultation OECD Guidance on Minimum Tax – Pillar 2 CFE Opinion Statement on EU Corporation Taxation System (BEFIT) Consultation EU Publishes Green Deal Industrial Plan Save...
This week's edition of the CFE Tax Top 5 looks at the following: ECOFIN: Swedish Presidency Priorities EU Consultation on Administrative Cooperation in VAT EU Parliament’s FISC: Public Hearing on BEFIT Updated OECD Pillar 1 & 2 Analysis EU Semester Reports 2023 Click here to view...
The Exemption from Tax on Property Transfers (Set-off of Tax Arrears) Rules, which were introduced in 2021 (See MIT News 10 November 2021) have been revised by LN 9 of 2023 amending Rule 4 introducing a notification cut-off date of 31st March 2023....
