This week’s edition of the CFE Tax Top 5 looks at the following: France to Impose Digital Tax in Absence of OECD Agreement; EU Economic & Finance Ministers Videoconference on EU COVID-19 Response; European Spring Semester Package Released; UK Publish Post-Brexit Global Tariff Plan; French-German...

The Commission has launched a public consultation on the VAT Scheme for Travel Agents. The Travel Agents Scheme, which is set out in Articles 306 to 310 of the VAT Directive (transposed via the Fourteenth Schedule to the Malta VAT Act), was originally introduced due...

Further to the extension of the tax deferral scheme announced last month, the Commissioner for Revenue guidance has been updated to include the settlement deadline. In terms of the guidance, which was updated earlier today, the eligible taxes are to be settled by 31 October 2020....

The office of the Commissioner for Revenue has issued a notice on the social security considerations relevant to self-employed persons in connection with the COVID-19 wage supplement. The notice clarifies that: The wage supplement (€800 or less) replaces or supplements the normal income of the self-employed and therefore...

This week’s edition of the CFE Tax Top 5 looks at the following: EU Commission Expands Temporary State Aid Framework; OECD Hosts BEPS Action 13 Consultation Webinar; EU Commission Publishes Infringement Package; Countries Agree on COVID-19 Taxation of Cross-Border Workers; Czech Republic & Korea Ratify...

The Commissioner for Revenue has announced that the Online Application for the Registration of a Fiscal Unit in terms of the Consolidated Group (Income Tax) Rules is available on the Commissioner for Revenue income tax portal as from today, 18 May 2020. The Commissioner for...

The Assignments of Rights Acquired under a Promise of Sale Agreement Rules, 2020 were published in virtue of LN 191 of 2020. The rules, inter alia, set out the criteria that must be satisfied for an assignment to be regarded as valid for the purposes...

This week’s edition of the CFE Tax Top 5 looks at the following: Commission Proposes to Postpone DAC6 Reporting & VAT E-Commerce Implementation; EU Commission Publishes Anti-Money Laundering Action Plan; Delivery of EU Tax Package Delayed Until July 2020; Decision of the CJEU in Case...

L.N. 186 of 2020 has amended the Eighth Schedule to the VAT Act (Chapter 406 of the Laws of Malta), adding “protective face masks and visors, excluding diving equipment” to the list of products which are subject to VAT at a reduced rate of 5%....