The Office of the CfR has notified that messages being received which state “Ir-rifuzjoni tieghek giet ipprocessata” with a link to input their credit card details are not issued by the Office of the CfR and should be ignored. source: cfr.gov.mt
A new proviso to Article 3 of the Order has been added in connection with the exemption of duty on acquisition of first immovable property, specifically in respect of transfers of property made on or after the 9th June 2020. The new proviso (see LN...
130 countries and jurisdictions have joined a new two-pillar plan to reform international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate. In a Statement on a Two-Pillar Solution to Address the Tax Challenges Arising From the Digitalisation...
The Mini One Stop Shop will cease to apply as of today, 30 June 2021. With effect from 1 July 2021, the One Stop Shop (OSS) will apply to local businesses supplying B2C services which take place outside Malta and making distance sales of goods...
On 28 June, the EU Commission published the 2021 Taxation Trends Report – a yearly snapshot of tax systems in EU Member States, as well as Iceland and Norway. The Report shows increased tax revenues for 2019, but these are expected to decrease in 2020 and 2021....
This week’s edition of the CFE Tax Top 5 looks at the following: Slovenia Sets Out Priorities for the EU Presidency: Mid-July Proposal on Digital Levy EU Taxation Trends: Stable Tax Revenues, Fall Expected in 2020-2021 EU Commission Seeks Feedback on Cooperative Compliance Project Global...
On 1 July 2021 a number of changes to VAT legislation will come into effect. These include: The new ‘Small Undertaking’ thresholds (article 11 registration) will enter into effect (see MIT News 27 May 2021) The VAT e-commerce package will come into effect, with changes...
The EU Commission is working on an EU cooperative compliance programme, the objective of which would be to allow tax administrations to resolve together, in a preventive manner, cross-border tax issues faced by small and medium-sized enterprises operating within the EU. Taxpayers will be able...
This week’s edition of the CFE Tax Top 5 looks at the following: CFE Discussion Paper: “If It Is Legal, Is It Acceptable?” – An Ethics Quality Bar for All Advisers EU: Addressing the Debt – Equity Tax Bias (DEBRA) EU Parliament: Exchange of Views with US...