The Commissioner for Revenue has announced that the following 5 new online services have been launched for persons in business as from 1 June 2020: PE Registration Form, PE Deactivation Form, PE Reactivation Form, VAT – Change in Register and VAT – Maintain Economic Activity. Requests...
The Office of the Commissioner for Revenue has notified that the front office that processes share transfer documents for income tax and duty purposes housed within the premises of the Malta Business Registry (MBR) will re-open to the public on the 1st of June. Persons are...
This week’s edition of the CFE Tax Top 5 looks at the following: France to Impose Digital Tax in Absence of OECD Agreement; EU Economic & Finance Ministers Videoconference on EU COVID-19 Response; European Spring Semester Package Released; UK Publish Post-Brexit Global Tariff Plan; French-German...
The Commission has launched a public consultation on the VAT Scheme for Travel Agents. The Travel Agents Scheme, which is set out in Articles 306 to 310 of the VAT Directive (transposed via the Fourteenth Schedule to the Malta VAT Act), was originally introduced due to...
Further to the extension of the tax deferral scheme announced last month, the Commissioner for Revenue guidance has been updated to include the settlement deadline. In terms of the guidance, which was updated earlier today, the eligible taxes are to be settled by 31 October 2020. source: cfr.gov.mt...
The office of the Commissioner for Revenue has issued a notice on the social security considerations relevant to self-employed persons in connection with the COVID-19 wage supplement. The notice clarifies that: The wage supplement (€800 or less) replaces or supplements the normal income of the self-employed and therefore is...
This week's edition of the CFE Tax Top 5 looks at the following: EU Commission Expands Temporary State Aid Framework; OECD Hosts BEPS Action 13 Consultation Webinar; EU Commission Publishes Infringement Package; Countries Agree on COVID-19 Taxation of Cross-Border Workers; Czech Republic & Korea Ratify...
The Commissioner for Revenue has announced that the Online Application for the Registration of a Fiscal Unit in terms of the Consolidated Group (Income Tax) Rules is available on the Commissioner for Revenue income tax portal as from today, 18 May 2020. The Commissioner for Revenue...
The Assignments of Rights Acquired under a Promise of Sale Agreement Rules, 2020 were published in virtue of LN 191 of 2020. The rules, inter alia, set out the criteria that must be satisfied for an assignment to be regarded as valid for the purposes of...
