The Office of the CfR has announced that the FSS forms have been updated to reflect changes brought about by the Tax on Overtime Rules (See MIT News 17 June 2020) and the Covid19 Wage Supplement. The revised forms can be downloaded at this link. Guidance on...
This week's edition of the CFE tax Top 5 looks at the following: CFE’s EU Tax Policy Report – Semester I 2020; Brexit: Changes to VAT Treatment of Overseas Goods in the UK and Guidance on EU Imports; EU: Further Steps to Contend the COVID-19...
Further to the announcement by the Office of the CfR in connection with the extension of the reporting deadlines under regulation 13 of the Cooperation with other Jurisdictions on Tax Matters Regulations (SL 123.127) (see MIT News 2 July 2020), the Cooperation with Other Jurisdictions...
The Malta Chamber of Commerce, Enterprise and Industry earlier this week led a delegation, composed of key associations in the Financial Services sector, to discuss the pending Moneyval evaluation with the Hon Prime Minister Dr Robert Abela. The Malta Institute of Taxation was represented at the...
This week's edition of the CFE Tax Top 5 looks at the following: 1. European Leaders Agree EU Recovery Plan & 2021- 2027 Budget At the Special European Council meeting which took place from 17 – 21 July, EU leaders reached an historic agreement after marathon negotiations on the EU recovery package proposal to “repair and prepare”...
Further to the preliminary agreement reached on 24 June 2020 (See MIT News 25 June 2020), Council Decision amending Directives (EU) 2017/2455 and (EU) 2019/1995 as regards the dates of transposition and application in response to the COVID-19 pandemic and Council Regulation amending Regulation (EU) 2017/2454...
This week's edition of the CFE Tax Top 5 looks at the following: European Commission Unveils New Tax Package; Fiscal State Aid: Apple General Court Judgment; OECD Tax Talks Webcast & G20 Report; European Commission Recommends Financial Assistance be Linked to Tax Jurisdiction Blacklist; 2020...
The Office of the CfR has updated the guidelines concerning the deferral of certain taxes, one of the measures announced in March 2020 to assist businesses that suffered a significant downturn in their turnover as a result of the economic constraints arising from the coronavirus pandemic. The...
On 15 July 2020 the European Commission adopted a new Tax Package which has been designed to ensure that EU tax policy supports Europe’s economic recovery and long-term growth. With an objective of tax fairness, the package seeks to address tax abuse and unfair tax competition and to...
