The deadline for submission of the FS3 and FS7 is 15 February 2021. The Office of the CfR has notified that employers submitting more than 9 FS3 documents are obliged to file electronically, whilst employers submitting less than 9 forms can submit electronically or manually. Manual FS7 and...
Further to the public consultation on the OECD/G20 Inclusive Framework Pillar One and Pillar Two Blueprints, an online zoom meeting will be held on 14 and 15 January 2021. The event will also be live-streamed on OECD TV. Click here for further details. source: OECD.org...
The Commissioner for Revenue has announced that the online registration process applicable to DAC6 Reporting Entities required to submit information in relation to reportable cross-border arrangements is now available. This may be accessed at this link. source: cfr.gov.mt...
The Office of the CfR has announced that the Guidelines on the Mandatory Automatic Exchange of Information in relation to Cross-Border Arrangements have been published. Click here to view Version 1.0 of the guidelines. source: cfr.gov.mt...
A Customs Guidance Document on the Importation and Exportation of Low Value Consignments has been published. This aims to complement the VAT Explanatory Notes published in September 2020 (see MIT News 1 October 2020) with further clarification and practical examples on the customs rules and...
CFE Tax Advisers Europe, of which the Malta Institute of Taxation is a member, has published its Annual Report for 2020. The report is available here....
The Fifteenth Schedule to the VAT Act has been revised (LN 477 of 2020) with effect from 1 January 2021 to bring into effect the provisions of Directive 2020/1756 amending Directive 2006/112/EC with regard to the identification of taxable persons in Northern Ireland further to...
This week's edition of the CFE Tax Top 5 looks at the following: Brexit Deal Not Reached by EU Parliament Deadline EU Publishes “EU Digital Age” Proposals for Digital Companies EU Commission Publishes Proposal to Confer Implementing Powers on EU VAT Committee EU Legislative Priorities...
LN 459 of 2020 has revised the Exemption from Tax on Certain Property Transfers Rules (SL 123.199), substituting Rule 3 concerning the applicability of the rules, inter alia, addressing transfers made on or after 9 June 2020 but before 1 January 2022....
