Budget Measures Implementation Bill
Following the Budget 2023 speech earlier this week, the Budget Measures Implementation Bill has been tabled in Parliament. View the Bill here....
26 October 2022
Budget 2023 – Fiscal Measures Highlights
Yesterday evening the Minister for Finance and Employment, the Hon Clyde Caruana, delivered the Budget Speech for 2023. The following is an overview of some of the fiscal measures announced: Tax refunds will once again be issued in 2023, ranging from €60 to €140, to individuals...
25 October 2022
Protecting the tax debtor in cross-border tax recovery assistance – Conference
The European Commission will be hosting a conference on the legal protection of tax debtors in the process of mutual tax recovery assistance between Member States of the EU, on Monday 21 November 2022. The conference aims at presenting and discussing important questions on how to...
23 October 2022
CFE Tax Top 5 (17 October 2022)
This week's edition of the CFE Tax Top 5 looks at the following: EU Commission Publishes BEFIT Call for Evidence Register Now: Conference “Targeting the “Bad Apples”: Enablers of Tax Avoidance”; Zagreb, 2 December 2022 CFE Publishes Statement on the EU Enablers Initiative Wyman Symposium...
21 October 2022
The MIT Annual Tax Conference 2022
The MIT held its annual tax conference on Wednesday 12th October at the Radisson Blu Resort & Spa Golden Sands. This full-day event was opened by MIT President Dr Conrad Cassar Torregiani who welcomed the 190+ attendees to the first in-person conference held by the MIT...
19 October 2022
CFE Opinion Statement on proposed SAFE Directive
CFE Tax Advisers Europe has issued an Opinion Statement on the EU Commission's public consultation on the policy options being considered ‘to improve a regulatory framework for tax intermediaries’, through a legislative proposal to tackle the role of ‘Enablers’ that facilitate tax evasion and aggressive tax...
18 October 2022
EU Consultation on a new corporate tax framework (BEFIT)
In its communication Business Taxation for the 21st Century (See MIT News 19 May 2021), the Commission announced that a proposal for a new corporate tax system will be put forward by 2023. This objective of this proposal, known as ‘Business in Europe: Framework for...
17 October 2022
Mandatory e-filing of VAT returns as of February 2023
The Office of the Commissioner for Revenue has announced that all VAT Returns due to be filed on and after 15th February 2023 by persons registered for VAT under Article 10 of the VAT Act (standard VAT registration) must be completed and submitted electronically, via the VAT e-Services portal on the CFR...
14 October 2022
Inclusive Framework on BEPS issues Progress Report on the Administration and Tax Certainty Aspects of Amount A of Pillar One
The OECD/G20 Inclusive Framework on BEPS have released a Progress Report on the Administration and Tax Certainty Aspects of Amount A of Pillar One as a public consultation document with a view to obtaining further input from stakeholders on the administration and tax certainty aspects of Amount A. The deadline...
11 October 2022