CFE Tax Top 5 (28 September 2020)

This week's edition of the CFE Tax Top 5 looks at the following: New CFE Executive Board Appointed by General Assembly EU Commission Appeals General Court Apple State Aid Decision EU Parliament Elects Chairperson of Newly Established Tax Subcommittee EU Commission TAXUD Conference on Taxation &...

Fiscal Unit Guidelines updated

The guidelines on the Consolidated Group (Income Tax) Rules have been revised, specifically, paragraphs (viii) to (xix) have been added to clarify technical matters in relation to the Rules. The updated guidelines were published on the CfR website earlier today. The updated guidelines are available here.    source: cfr.gov.mt...

CFE Tax Advisers new Executive Board

CFE Tax Advisers Europe has announced that a new Executive Board for the period of 2021-2022 was elected at its online General Assembly on 25 September 2020. Read the CFE press release here.   source: taxadviserseurope.org ...

CFE Tax Top 5 (21 September 2020)

This week's edition of the CFE Tax Top 5 looks at the following: State of the Union Address – Own Resources & Environmental Taxes UN Tax Committee Consultation on Model Double Tax Treaty Revision Save the Date: CFE Professional Affairs Webinar Conference on Taxpayers Rights ...

DAC 6 – Notification deadline for non-disclosing intermediaries

​The Commissioner for Revenue has announced that due to the deferral of the reporting deadlines as a result of the COVID-19 pandemic, the period allowed for notification by non-disclosing intermediaries is being extended. In the case of cross-border arrangements subject to reporting in the period from...

CFE Tax Top 5 (14 September 2020)

This week's edition of the CFE Tax Top 5 looks at the following: Informal ECOFIN Meeting: 11 & 12 September OECD Examines Role of Tax Systems in COVID-19 Economic Recovery Save the Date: CFE Professional Affairs Webinar Conference on Taxpayers Rights VAT Gap Report Published...

2020 VAT Gap forecast – a potential loss of €164 billion

The EU VAT Gap (the difference between expected revenues in EU Member States and the revenues actually collected) figures for 2020 forecast a potential loss of €164 billion in 2020 due to the effects of the coronavirus pandemic on the economy. The 2020 VAT Gap Report...

Pre-Budget Document 2021

The Ministry of Finance has published the 2021 Pre-Budget Document - Towards a Sustainable Economy. The document can be viewed here.   source: mfin.gov.mt...