The Office of the Commissioner for Revenue has announced an adjustment to the contributions rates for the basis year 2020, specifically, to the basic salary threshold of category 'D' for those persons born up to 31 December 1961. The revised rates applicable as of 1 January 2020 for...
On 30 January 2020 the MIT held an internal Think-Tank session for the members of the MIT Direct Tax Committee, the MIT Professional Affairs Committee and the MIT Council, on the mandatory disclosure rules for tax intermediaries and the Anti-Hybrid rules which have been transposed...
This week’s edition of the CFE Tax Top 5 looks at the following: Solving the Digital Tax Conundrum: US and France Pave Way for OECD Agreement; ATAF: Africa Has Right to Its Fair Share of Tax; EU Developments: Croatia’s EU Presidency Update, EU Parliament US...
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...
[Updated on 29.01.2020] The Office of the CfR has published guidance on one of the measures announced with the budget for 2020 concerning the taxation of income derived from assignments of rights acquired under a promise of sale agreement (ċessjoni ta’ konvenju). In terms of this measure,...
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; ...
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...
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. ...
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...
