ACT No. XXVII of 2023 has revised the Commissioner for Revenue Act (CAP 517). Amongst the changes is the redesignation of the Commissioner for Revenue as the Commissioner for Tax & Customs. Furthermore, pursuant to the changes, all references to the Office of the Commissioner...
The Office of the CfR has announced that the updated XSD User Guide (Version 4.40) has been published. Click here for details....
The European Commission, in collaboration with the CESOP Expert Group (composed of representatives from Member States’ authorities and Payment Service Providers), has drafted a list of FAQs, based on the questions that it has received from Member States and Payment Service Providers. This document complements the...
The Office of the CfR has announced that an application for the reprinting of the VAT Registration Certificate and Information sheet can now be made online via the VAT e-Services portal....
The proposed reform to the EU Customs Union (See MIT News) includes proposed amendments to the VAT Directive, specifically to the Import One Stop Shop (IOSS): extending the application of the deemed supplier rule (currently limited to distance sales of imported goods not exceeding EUR...
The Commission has put forward proposals for a comprehensive reform of the EU Customs Union, which is being hailed as the most ambitious proposed reform since its establishment in 1968. The proposed measures are intended to simplify customs processes for business, cutting down on cumbersome customs...
The Malta Tax and Customs Administration has launched the ‘Delivering Transformation Strategic Plan 2023-2025'. "A decision has now been taken to revitalise the integration strategy and process, working to achieve a ‘modern and adaptive’ Tax and Customs Administration for Malta that is truly aligned with the changing...
The Office of the CfR has issued guidance on the implementation of the increase in the administrative penalty, introduced with the Budget Measures Implementation Act (See MIT News 10 April 2023), imposed upon the late filing of recapitulative statements required to be made in terms...
The Budget Measures Implementation Act of 4 April 2023 has increased the administrative penalty for failure to submit Recapitulative Statements to eur50 per month of default (currently eur10), capped at eur600 per statement (currently eur120). The Act has also introduced an enabling provision (a new art. 55A)...
