ANNUAL TAX CONFERENCE 2023
Commemorating 75 Years of the Income Tax Act, our highly-anticipated Annual Tax Conference will, this year, take place over 3 days between September and November 2023. The Conference will kick off with two morning sessions on Thursday 28th September 2023 and Friday 20th October 2023, culminating in a full-day flagship event on Tuesday 14th November 2023.
Pre-Event 1
Thursday 28 September 2023
09.00 – 12.00
Delivering Transformation
Insight into the implementation of the Malta Tax & Customs Administration Strategic Plan 2023-2025
Flagship Event
Tuesday 14 November 2023
09:00 – 14:00 (followed by a Networking Lunch)
Malta’s tax system in a changed world
Crystallising the impact of Pillar Two, Understanding the BEFIT Proposal and understanding where Europe is going in the area of harmonized tax systems
On the agenda...
Watch this space…
Pre-Event 2
Friday 20 October 2023
09.00 – 12.00
Squaring the Circle on local tax developments
Transfer Pricing, Withholding Tax on outbound flows & other measures
On the agenda...
Watch this space…
MIT Annual Tax Conference 2023 ~ Day 1 ~ Delivering Transformation
Thursday 28 September 2023
“A collective effort is needed. The contribution of tax practitioners is critical for the implementation of the Malta Tax & Customs Administration’s Strategic Plan 2023-2025.”
“Enforcement is a critical aspect of a tax system. We need a system that rewards those who are compliant and penalises those who are not.”
“The need for an effective system for the enforcement of tax law which guarantees predictability of outcomes serves the best interest of all stakeholders. Nobody benefits from ambiguity as to the consequences of a breach of tax law.”
Conference Details
Pre-Event 1
28 September 2023
09:00 – 12:00
Portomaso Suite, Hilton
Delivering Transformation
Insight into the implementation of the Malta Tax & Customs Administration Strategic Plan 2023-2025
Pre-Event 2
20 October 2023
09:00 – 12:00
Portomaso Suite, Hilton
Squaring the Circle – Protecting the tax base while remaining attractive
Transfer Pricing, Withholding Tax on outbound flows & other measures
Flagship Event
14 November 2023
09:00 – 14:00
(followed by a Networking Lunch)
The Westin Dragonara Resort
Malta’s tax system in a changed world
Crystallising the impact of Pillar Two, Understanding the BEFIT Proposal and understanding where Europe is going in the area of harmonized tax systems
Following the launch of the BEPS Project in 2013 which sought to overhaul the rules underpinning the International Tax System to render it fit for the challenges posed by technology and a truly globalised economy, and following the ambitious objectives of BEPS 2.0 structured around a two-pillared approach intended to ensure a redistribution of taxing rights to market economies under Pillar One, and the establishment of a minimum level of taxation for multinational enterprises under Pillar Two, and following the unprecedented level of international consensus secured in December 2021, we are now on the threshold to the new reality which will be the international tax system as redefined.
ARE YOU READY FOR A NEW REALITY?
Pillar Two and the Pillar Two Directive within the EU will undoubtedly significantly impact Malta’s tax system and the tax reality which local taxpayers will be required to operate in and adhere to.
Tax practitioners are once again being called to meet the expectations of policy makers and legislators in their role as advisers and tax compliance service providers, not only to ensure that the system achieves its underlying policy objectives, but that it does so in a manner without significantly altering the cost coefficient within which businesses operate and strive to succeed.
Malta’s post-Pillar Two tax system and the technology project embarked upon by the Commissioner for Revenue, as heralded in the Strategic Plan 2023-2025, will present unprecedented challenges.
The first step in the process to succeed is to understand what has stayed the same, what has changed, and what tools are required to ensure that we adapt to the change and effectively integrate into and optimise the platforms which are in the process of being established.
Don’t miss out on this unique opportunity for insights and perspectives from those at the forefront.
One Conference ~ Three dates ~ Eleven CPE Hours
The Malta Institute of Taxation relies on the support of sponsors to enable it to deliver events such as the Annual Tax Conference. If you are interested in becoming an event Corporate Sponsor, contact ceo@maintax.org for details.