CFE Tax Advisers Europe has issued an Opinion Statement on the European Commission Proposal for a Council Directive on debt-equity bias reduction allowance and on limiting the deductibility of interest for corporate income tax purposes (“DEBRA”). Click here to view the Opinion Statement.

!!REMINDER!! The extended deadline for submission of the Income Tax return ONLINE for basis year 2021 is 31 July 2022.  To submit a personal income tax return online, log in to https://mytax.cfr.gov.mt using your E-ID account.

This week’s edition of the CFE Tax Top 5 looks at the following: EU Commission Launches Public Consultation on Revision of the EU Customs Code UK Publishes Draft Legislation on Multinational Top Up Tax EU Commission July EU Law Infringement Package EESC Calls for Simplified...

This week’s edition of the CFE Tax Top 5 looks at the following: Czech EU Presidency Aims for October Adoption of Pillar 2 Directive EU Tax Policy Report: Semester I – January to June 2022 OECD Releases Progress Report on Pillar 1 ‘Living CFE’: CFE’s Published &...

Legal Notice 205 of 2022 has introduced rules for the surrender of capital allowances between group companies, where at least one thereof was a beneficiary under the COVID-19 tax deferral scheme, with effect from YA 2022.    

The OECD has published a Progress Report on its work in elaborating the comprehensive technical rules of the new taxing right (Amount A) for market jurisdictions established under Pillar One, and has launched a public consultation to obtain stakeholder feedback, with a view to stabilise the...

This week’s edition of the CFE Tax Top 5 looks at the following: EU Commission Launches Consultation on Improving Tax Intermediaries Regulatory Framework EU Tax Policy Report: Semester I – January to June 2022 ECOFIN & Presidency of Council of the EU: Czech Tax Priorities Global Forum...

The EU Commission has launched a public consultation on the options being considered to improve the tax intermediaries’ regulatory framework, with a view to a legislative proposal to tackle the role of enablers that facilitate tax evasion and aggressive tax planning in the European Union...

This week’s edition of the CFE Tax Top 5 looks at the following: EU Commission Publishes Annual Report on Taxation 2022 EU Commission: Call for Evidence on Administrative Cooperation Framework in VAT EU Parliament’s FISC: The Role of Tax Incentives & Exemptions in the Single...