The MTCA has announced that persons who have outstanding MOSS VAT returns (returns due under the “Mini-One-Stop-Shop” before 1st July 2021), or corrections due to such returns have until 20th July 2024 to submit such returns (or to correct already submitted MOSS returns). After this date,...

In terms of LN 110 of 2024, no duty shall be levied under the Duty on Documents and Transfers Act (CAP 364) on the grant of temporary emphyteusis over a designated property by SportMalta to a sports association.

The Institute of Financial Services Practitioners (IFSP), the Malta Institute of Accountants (MIA), the Malta Institute of Taxation (MIT) and the Society of Trusts & Estate Practitioners (STEP – Malta) have issued a joint statement, expressing their deep concern about the current situation in the...

This week’s edition of the CFE Tax Top 5 looks at the following: Ad Hoc Committee to Draft Terms of Reference for a United Nations Framework Convention on International Tax Cooperation CFE Forum | Sharing the Tax Pie | 18 April 2024 | Brussels EU...

Pursuant to article 27(1) of Directive 2011/16/EU on administrative cooperation in the field of direct taxation (DAC), which lays down the rules and procedures for close cooperation between Member States’ tax authorities in direct tax matters, the Commission will be evaluating the said Directive in...

Developments are expected at the 14 May 2024 ECOFIN meeting where Council will be seeking political agreement on two measures: the VAT in the Digital Age (ViDA) Package (see MIT News 8 December 2022) the proposal to make the relief of excess withholding taxes faster...

The MTCA has published Legislative Update 3 of 2024, which gives an  overview of subsidiary legislation issued under the Income Tax Acts between January and April 2024.   source: cfr.gov.mt

Taxpayers are reminded of the following 30 April 2024 deadlines: 15% Tax on Rental Income – TA24 10% Tax on Part-Time Self-Employment – TA 22 Provisional Tax and Social Security Contributions – PT1    For information on Online Payments to the Malta Tax & Customs...

The second edition of the MIT VAT Practitioners’ Forum was held on 9 April 2024 at the Hyatt Regency Malta, St. Julian’s. Organised by the MIT’s Indirect Tax Technical Committee, the theme of this year’s forum was ‘Input Tax Deductions’, and the focus was the...