The Ministry for Finance and Employment has released a Press Release in relation to the repayment of taxes that were eligible under the Tax Deferral Scheme launched in March 2020 (See MIT News 20 March 2020). It has been announced that beneficiaries under the scheme will...
The General Arrangements for Excise Duty (Council Directive (EU) 2020/262) Regulations, 2022 were published by Legal Notice 128 of 2022. The Regulations transpose Articles 2, 3, 6, 12, 16, 17, Articles 19 to 22, Articles 25 to 29, Articles 33 to 46, andArticles 54 and...
Article 5 of the Exemption from Duty in terms of Article 23 Order (SL 364.12) has been revised (LN 122 of 2022), inter alia extending its application to transfers of immovable property inter vivos made before 30 September 2022....
Rule 3 of the Exemption from Tax on certain Property Transfers Rules (SL 123.199) have been revised (LN 121 of 2022), extending the application of the rules to transfers made before 30 September 2022....
The Budget Measures Implementation Act (Act VII of 2022), implementing Budget Measures for the Financial Year 2022 and other administrative measures, was published on 8 February 2022....
The MIT is selling remaining stock of tax publications. All books can be purchased for the very reduced price of €10 each!! With even further reductions if you purchase 2 or more books!! (all prices quoted are inclusive of VAT) Visit https://maintax.org/book-clearance-sale/ for further details....
The Relief from Income Tax and from Duty on Documents and Transfers on Certain Property Transfers Rules, which were published in November 2021 (see MIT News 28 November 2021), have been revised by virtue of LN 11 of 2022....
The FIAU has published a guidance note in relation to tax related suspicious reporting which aims to provide subject persons with important tax related ML/FT indicators that are found on goAML that are to be used when reporting serious and complex tax crimes. Furthermore a list of commonly used...
The waiver currently in place (see MIT News 21 April 2021) on the VAT and duty on the importation of medical and protective equipment used in the fight against COVID-19 has been extended to 30 June 2022, further to the Commission decision of 22 December...
