The Commission has decided to extend to temporary waiver of customs duty and VAT on the importation of medical and protective equipment used in the fight against COVID-19 until 31 December 2021. The relief was originally introduced in April 2020 and was extended to apply to...
The new VAT rules for B2C e-commerce come into effect on 1 July 2021. The rules impact online sellers, online market places/platforms, postal operators and couriers as well as consumers. The European Commission has launched a dedicated portal which provides information on the new rules, and...
The Commission has proposed the introduction of a VAT exemption on goods and services made available by EU bodies and agencies to Member States and citizens during times of crisis. The measure would allow the Commission and other EU agencies and bodies to import and purchase,...
The COVID-19 Fiscal Assistance has been extended to cover eligible taxes (as defined) due up until December 2021. The updated guidance provides that settlement of eligible taxes will start from May 2022. The deadline for submission of an application for a tax deferral (via the Malta Enterprise website ) is...
The EU Commission has published a Guide to the One Stop Shop - the extended reporting platform which replaces the Mini One Stop Shop (MOSS) with effect from 1 July 2021. The Guide can be viewed here. source: ec.europa.eu...
Act VIII of 2021 was published on 12 March 2021 (enacting Bill 199 - see MIT News 26 February 2021). The Act introduces a series of amendments to the following legislation: Income Tax Act Income Tax Management Act Duty on Documents and Transfer Act Value Add...
Bill 199 published on 25 February 2021 proposes a series of amendments to the following legislation: Income Tax Act Income Tax Management Act Duty on Documents and Transfer Act Value Add Tax Act The stated objects and reasons of the Bill are to amend a number...
Guidelines on the rectification of VAT Registration from Article 10 to Article 11 have been published by the Office of the CfR. The guidelines set out the criteria applicable to the change in registration form article 10 to article 11 prior to the lapse of 6 months,...
The Commission has published draft amendments to Regulation 904/2010, concerning the extension of the special scheme to cover all distances sales of goods and services made to non-taxable persons. The proposed amendments can be viewed here. Feedback on the draft implementing regulation can be submitted until 18...
