This week's edition of the CFE Tax Top 5 looks at the following: EU Commission Considers Leniency for DAC6 Reporting Deadlines; OECD: COVID-19 an Opportunity for Digitalisation; EU Tax Academics Call for EU Solidarity Taxes; OECD Publishes Taxing Wages 2020 Report; Albert Rädler Medal 2019:...
The office of the CfR has announced that the deadline for the payment of the provisional tax for April 2020 is being extended to 31 May 2020. In view of the COVID-19 situation, the Provisional Tax claims will not be sent by mail. They are being made available on the CFR...
As the 30 April submission deadline for the TA22 (payment of tax - part-time self-employed) and TA24 (payment of 15% tax on rental income) draws near, the Office of the CfR has issued a notice informing taxpayers that: Payments can only be made at Malta...
On 22 April 2020 CFE Tax Advisors Europe submitted an Opinion Statement to the European Institutions seeking leniency in the enforcement of penalties concerning the EU Directive on mandatory disclosure rules (“DAC6”). CFE Tax Advisers Europe is a Brussels-based association representing European tax advisers. The Members...
In terms of the Deferment of Excise Duty payable during the Months of April and May 2020 Regulations (LN 147 of 2020) published on 21 April 2020: the duty on all excise goods and services payable pursuant to the Excise Duty Act on various dates during the month of April...
This week's edition of the CFE Tax Top 5 looks at the following: EU Economic & Finance Ministers Hold Videoconference on COVID-19 Economic Impact OECD Publish Comments on Draft Model Rules for Sharing & Gig Economy Rapporteurs on EU Public CbCR Call for Transparency Requirements for MNEs...
The guidelines on the tax deferral scheme announced last month have been revised. The updated guidelines now clarify that: Persons who have opted to pay VAT under the Mini-One Stop Shop (MOSS) are not eligible for the tax deferral scheme; Beneficiaries of the Scheme who...
Government Notice 389 published on 13 April 2020 sets out the implementing measures of the Wage Supplement Scheme announced last month. The Notice specifies the details of the scheme and its application. With regard to National Insurance Contributions and Taxes, Paragraph 4 of the Notice provides...
This week’s edition of the CFE Tax Top 5 looks at the following: German Upcoming EU Presidency Tax Priorities: Return of the FTT; Eurogroup Agree on 500 Billion Euro COVID-19 Recovery Package; OECD Publishes BEPS Action 14 Dispute Resolution Reports; Forum on Tax Administration Provides...
