Exemption from Tax on Certain Property Transfers rules published

Following the announcement made on 8 June 2020 concerning the measures for the regeneration of the economy following the COVID-19 pandemic (see MIT News 9 June 2020), the Exemption from Tax on Certain Property Transfers Rules 2020 were published in virtue of LN 241 of...

Stamp duty reduction on property transfers – legislation published

Following the announcement made on 8 June 2020 concerning the measures for the regeneration of the economy following the COVID-19 pandemic (see MIT News 9 June 2020), the Exemption of Duty in Terms of Article 23 Order (SL 364.12) has been revised in virtue of...

CfR Guidance on COVID Recovery measures

The Commissioner for Revenue has issued guidance on the recovery measure announced on the 8th June 2020 concerning the reduced rates of income tax and duty on documents and transfers on certain property transfers, specifically: a reduction in the stamp duty of the acquisition of immovable...

ECOFIN draft report on the state of play in tax matters

Ecofin has issued a draft report which provides an overview of the progress achieved in the Council during the Croatian Presidency, as well as of the state of play of the most important dossiers under negotiations in the area of taxation, including: CCTB the 'digital...

CFE Tax Top 5 (8 June 2020)

This week's edition of the CFE Tax Top 5 looks at the following: ECOFIN Report to EU Council on Tax Issues; The Netherlands Publishes DAC6 Guidance; Council of EU Approves Conclusions on Future Administrative Cooperation in Taxation; EU Publish Antitrust Competition Tool Inception Impact Assessment; ...

COVID-19 Tax Deferral – Update

On 8 June 2020 the Minister for Finance announced that the measure permitting the deferral of the payment of taxes (see MIT News 20 March 2020) will be extended, with regard to some of the eligible taxes, until the end of August. Provisional Tax, VAT and...

Reduction in taxes on property transfers

On 8 June 2020 a package of measures intended to regenerate the economy in the wake of COVID-19 were announced. These measures included: a reduction in the stamp duty of the acquisition of immovable property (residential) from 5% to 1.5%; and a reduction in the final...

Fiscal Unit Registration Guidelines updated

The CfR Guidelines issued upon the launch of the registration process for fiscal units (See MIT News 18 May 2020) have been updated to reflect changes to paragraphs (i) and (vi). Paragraph (i) provides that in order to join or form part of a fiscal unit, a...

CFE Tax Top 5 (2 June 2020)

This week’s edition of the CFE Tax Top 5 looks at the following: EU Commission Presents Recovery Package Proposal; EU Launches Digital Services Act Package Consultation; OECD Publishes Report on Restoration Planning by Tax Administrations; EU Publish Antitrust Competition Tool Inception Impact Assessment; EU Launch...