The Commission has published its Annual Report on Taxation 2022, which highlights that EU Member States’ tax revenue has decreased for the first time since the 2009 financial crisis, while public expenditure jumped from 46.5% in 2019 to 53% in 2020 due to the COVID-19...

The 31st Meeting of the EU Commission’s VAT Expert Group was held on 10 June 2022. The MIT was represented at the meeting by Sarah Cassar Torregiani. During the meeting, the following was discussed: the formalities around the transfer of own goods from one Member...

The Office of the CfR has notified that the facility to upload and submit the income tax return and the supplemental document for Year of Assessment 2022 required to be filed by a principal taxpayer in respect of a fiscal unit is now available.

The Commission has launched a Call for Evidence on the application of the administrative cooperation in the field of VAT governed by Council Regulation (EU) No 904/2010 on administrative cooperation and combating fraud in the field of value added tax. This exercise will look at...

This week’s edition of the CFE Tax Top 5 looks at the following: CFE Opinion Statement on Introducing a Common EU-wide System for Withholding Taxes French Presidency Races to Reach Agreement on Minimum Tax Directive Forum on Tax Administration Publishes 2022 Report EU Parliament’s FISC: Study on...

The Malta Institute of Taxation held its Annual General Meeting on Thursday 23 June 2022. The AGM was opened by the President of the MIT, Dr Conrad Cassar Torregiani, who reported on some of the key initiatives undertaken and/or participated in by the MIT in...

The Office of the CfR has announced that the facility to submit the income tax return for Year of Assessment 2022 is now available on CfR Online services. Furthermore, a new version of the YA2022 company tax return (version 1.2), which corrects certain validation errors, was...

The Annual General Meeting of the Malta Institute of Taxation will be held on Thursday 23 June at 4PM. MIT Members are invited to attend – Click here for further details.

This week’s edition of the CFE Tax Top 5 looks at the following: ECOFIN to Vote on Minimum Tax Directive CFE Opinion Statement on Possible Solutions to Inheritance and Gift Double Taxation Issues Within the EU EU Parliament’s FISC Meeting on 16 June: Ireland Case Study...