The Agreement between the government of the Republic of Malta and the government of the Republic of Armenia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income has been published in virtue of LM 28 of...
On 18 February 2020 the Council adopted simplified VAT rules applicable to SMEs. The rules are intended to reduce the administrative burden and compliance costs for small businesses and to enable them to trade cross-border more efficiently. The main change is the extension of the exemption for...
On 18 February 2020 EU Finance Ministers updated the EU list of non-cooperative tax jurisdictions. In summary: 12 jurisdictions (American Samoa, Fiji, Guam, Oman, Samoa, Trinidad and Tobago, US Virgin Islands, Vanuatu, Cayman Islands, Palau, Seychelles and Panama) have been added to the list of non-cooperative tax jurisdictions; ...
This week’s edition of the CFE Tax Top 5 looks at the following: OECD Release Digital Tax Economic Analysis; EU Commission Publishes Anti-Money Laundering Roadmap; Proposal for DAC Directive Codification Published; OECD Release Transfer Pricing Guidance on Financial Transactions; February EU Infringement Package Published. The full...
The European Commission has announced that it has sent an additional letter of formal notice to Malta in connection with the method applied for calculating the VAT on the lease of yachts. Following the initial letter of formal notice on 8 March 2018, Malta modified its...
Parents whose children were enrolled with a sports provider registered with SportMalta in 2019 may benefit from a tax rebate (per child) of up to €100. Applications forms are to be submitted by February 2020. Download a copy of the form here. Parents whose children, during 2019, attended a...
The Agreement between the government of the republic of Malta and the government of the republic of Ghana for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income has been published in virtue of LN 23 of...
LN 22 of 2020 has revised the Deduction (Income from Employment) Rules (S.L. 123.149), increasing the annual income requirement threshold from €9,700 to €9,840. The revised provision applies with effect from YoA 2021....
This week’s edition of the CFE Tax Top 5 looks at the following: Code of Conduct Programme – Croatia’s EU Presidency; OECD Opens Consultation on Country by Country Reporting; DG TAXUD Review of EU Exchange of Information Framework; EU Commission Publishes 2020 Tax Policy Report; ...
