CFE Tax Top 5 (31 May 2021)

This week's edition of the CFE Tax Top 5 looks at the following: EU Sets Out New Corporate Tax Reform Proposals The EU Tax Observatory Launches at 1 June US Senate Reservations on Biden’s Tax Proposals EU Parliament Members Discuss Intra-EU Harmful Tax Competition Tax...

CfR Guidance on small undertaking thresholds

Further to the publication of LN 222 of 2021, which announced the entry into force date of the new registration thresholds for small undertakings (See MIT News 27 May 2021), the Office of the CfR has issued guidance on the new thresholds and the implications...

Article 11 Registration Thresholds to change in July

Updated 1 June 2021   The revised 'Small Undertaking' thresholds will enter into effect on 1 July 2021. The entry into force date was published in LN 222 of 2021 which referred to LN 463 of 2020 which had introduced changes to the Sixth Schedule to the VAT Act in...

YA2021 Tax Return for Companies

The Office of the Commissioner for Revenue has announced that the YA 2021 electronic income tax return for companies and supplemental document in case of a Fiscal Unit are now available on the CfR online services. Click here for further details.   source: cfr.gov.mt...

Annual Report on Taxation 2021

The European Commission published the 2021 Annual Report on Taxation, which is an annual review of Member States’ tax policies and their contribution to the priorities of the EU. The report describes and assesses Member States' progress in bringing their tax policies in line with the...

Business Taxation for the 21st Century

The European Commission has adopted a Communication on Business Taxation for the 21st century to promote a robust, efficient and fair business tax system in the European Union. The Communication sets out both a long-term and short-term vision to support Europe’s recovery from the COVID-19 pandemic...

CFE Tax Top 5 (17 May 2021)

This week's edition of the CFE Tax Top 5 looks at the following: European Parliament Calls For Swift Reform of International Tax Rules General Courts Confirms EU’s State Aid Assessment in Engie, Dismisses Amazon Case in Luxembourg EU Commission Confirms No Delays in New VAT...