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; ...
The Office of the CfR has announced that as of this month VAT fiscal receipt books can be collected from the MaltaPost branch requested upon application (previously, fiscal receipt books had to be collected from/returned to the MaltaPost Head Office). Used VAT Fiscal Receipt books can...
This week's edition of the CFE Tax Top 5 looks at the following: OECD Inclusive Framework Renew Commitment to Finding Digital Tax Solution; UK Enters Transitional Period with the EU; Commission Issues Letters of Formal Notice on DAC6 & ATAD Implementation; North Macedonia Becomes Signatory...
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,...
