CfR Survey

The Office of the Commissioner for Revenue is currently conducting a customer satisfaction survey. Persons who have provided the Office of the CfR with an email address will be receiving an email entitled “Help us Improve” as an invitation to participate in this survey. source: cfr.gov.mt...

CFE Tax Top 5 (5 July 2021)

This week's edition of the CFE Tax Top 5 looks at the following: 130 Countries Sign Historic Agreement on International Tax Reform New EU VAT Rules Enter Into Force EU Ministers to Discuss Anti-Money Laundering Package 2021  Registration: CFE Academy Webinar on Tax and Technology ...

Scam messages – warning from the Office of the CfR

The Office of the CfR has notified that messages being received which state “Ir-rifuzjoni tieghek giet ipprocessata” with a link to input their credit card details are not issued by the Office of the CfR and should be ignored. source: cfr.gov.mt...

Amendment to the Exemption from Duty in terms of Article 23 Order

A new proviso to Article 3 of the Order has been added in connection with the exemption of duty on acquisition of first immovable property, specifically in respect of transfers of property made on or after the 9th June 2020. The new proviso (see LN...

OECD/G20 IF agrees to two-pillar plan to reform international tax rules

130 countries and jurisdictions have joined a new two-pillar plan to reform international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate. In a Statement on a Two-Pillar Solution to Address the Tax Challenges Arising From the Digitalisation of...

VAT: Register for the OSS

The Mini One Stop Shop will cease to apply as of today, 30 June 2021. With effect from 1 July 2021, the One Stop Shop (OSS) will apply to local businesses supplying B2C services which take place outside Malta and making distance sales of goods...

EU Taxation Trends Report

On 28 June, the EU Commission published the 2021 Taxation Trends Report - a yearly snapshot of tax systems in EU Member States, as well as Iceland and Norway. The Report shows increased tax revenues for 2019, but these are expected to decrease in 2020 and 2021.   source: ec.europa.eu...

CFE Tax Top 5 (28 June 2021)

This week's edition of the CFE Tax Top 5 looks at the following: Slovenia Sets Out Priorities for the EU Presidency: Mid-July Proposal on Digital Levy EU Taxation Trends: Stable Tax Revenues, Fall Expected in 2020-2021 EU Commission Seeks Feedback on Cooperative Compliance Project Global...

VAT changes coming into effect on 1 July 2021

On 1 July 2021 a number of changes to VAT legislation will come into effect. These include: The new 'Small Undertaking' thresholds (article 11 registration) will enter into effect (see MIT News 27 May 2021) The VAT e-commerce package will come into effect, with changes...