New functions for ICTU

The Office of the CfR has announced that as of 3rd February 2020, the following services will start being provided by the International & Corporate Tax Unit (ICTU) which is housed at AM Business Centre, Triq Il-Labour, Żejtun. This is the same premises that houses the...

CFE Tax Top 5 – 20 January 2020

This week’s edition of the CFE Tax Top 5 looks at the following: First ECOFIN Under Croatia’s EU Presidency: Digital Tax and Financing the Green Deal; Digital Tax: No Support for the US ‘Safe Harbour’ Approach; Apple’s CEO: Apple “Desperate” for Fair International Tax System; ...

CFE Tax Top 5 – 13 January 2020

This week's edition of the CFE Tax Top 5 looks at the following: Croatian Presidency Sets Out Policy Priorities; US & France Attempt to Reach Digital Tax Deal; OECD Publish Country-by-Country Reporting Guidance; European Economic & Social Committee Recommend Use of Tax Policy to Achieve...

New ICTU contact details

Further to the relocation of the offices of the International Tax Unit (to be known as the International & Corporate Tax Unit - ICTU), the new general contact number for the ICTU is 22582200.    ...

Updated International Taxation Payment details

​The Office of the CfR has announced that as of 20th January, 2020 the GBP correspondent bank will be changed from HSBC BANK PLC to “J.P. Morgan AG, Frankfurt”. The new related bank account number and SWIFT code are 59012724 and CHASDEFX, respectively. The bank accounts held by the...

EU Commission VAT guidelines – Quick Fixes

The EU Commission has published the latest version of Explanatory Notes on the practical application of the new rules concerning call-off stock arrangements, chain transactions, the exemption of the intra-Community supplies of goods and the proof of transport for the purposes of that exemption (“2020 Quick...

ATAD II Implemented

LN 348 of 2019 published on 24 December 2019, implements the provisions of EC Directives 2016/1164 (ATAD I) and 2017/952 (ATAD II) concerning hybrid mismatches, revising the European Union Anti-Tax Avoidance Directives Implementation Regulations (LN 411 of 2018). The amendments entered into effect on 1 January 2020, with...

Relocation of the International Tax Unit’s offices

The Office of the Commissioner for Revenue has announced that the offices of the International Tax Unit have moved to AM Business Centre, Triq il-Labour, Zejtun ZTN 2401. This is the same premises occupied by the Malta Business Registry. Furthermore, with effect from the 3rd of February,...