Bill 198 proposes the introduction of a new 13A to the Interpretation Act (CAP 249). The stated objective of the proposed amendment is to regulate the interpretation of the classification of laws or punishments as criminal in nature with particular reference to the situation where an...
Bill 199 published on 25 February 2021 proposes a series of amendments to the following legislation: Income Tax Act Income Tax Management Act Duty on Documents and Transfer Act Value Add Tax Act The stated objects and reasons of the Bill are to amend a number...
The Pensionable Income in accordance with the Thirteenth Schedule for persons born from 1st January 1956 to 31st December 1961 Regulations, 2021 (LN 57 of 2021 ) published on 19 February 2021 have introduced a measure in terms of which the pre-Covid wage or earnings...
Guidelines on the rectification of VAT Registration from Article 10 to Article 11 have been published by the Office of the CfR. The guidelines set out the criteria applicable to the change in registration form article 10 to article 11 prior to the lapse of 6 months,...
The Commission has published draft amendments to Regulation 904/2010, concerning the extension of the special scheme to cover all distances sales of goods and services made to non-taxable persons. The proposed amendments can be viewed here. Feedback on the draft implementing regulation can be submitted until 18...
This week's edition of the CFE Tax Top 5 looks at the following: EU Council Updates EU Tax Blacklist Detailed Implementing Regulation for EU e-Commerce Directive Published EU Commission February Infringement Package Evaluation from TOMS public consultation Final Reminder: CFE European Register Webinar on the Tax...
The European Commission has published the outcome from the Public Consultation held last year on the VAT Travel Agents Scheme. This can be viewed here. source: ec.europa.eu ...
On 22 February 2021 the Council today adopted a revised EU list of non-cooperative jurisdictions for tax purposes. Dominica was added to the list (Annex I of the conclusions) and Barbados was removed. source: consilium.europa.eu...
The Annual General Meeting of the Malta Institute of Taxation will be held online on Friday 26th February 2021 at 5.30pm. Prior to the call to order of the AGM the Institute shall be presenting the MIT Guide to Completing a VAT Return, which will be...
