Further to the publication of the Double Taxation Relief (Taxes on Income) (Russian Federation) Order (see MIT News 11 November 2020), the Protocol amending the Convention between the Government of Malta and the Government of the Russian Federation for the Avoidance of Double Taxation and the...

Pursuant to LN 463 of 2020 the conversion from an ‘Article 10’ registration (standard) to an ‘Article 11’ registration (small undertaking), may now be made after the lapse of a full 24 calendar months, replacing the 36-calendar-month requirement. Furthermore, the revised Sixth Schedule of the...

Further to the announcement in the Budget Speech (see MIT News 21 October 2020), LN 463 of 2020 has introduced changes to the Sixth Schedule to the VAT Act in connection with the ‘small undertaking’ thresholds. Once the changes enter into effect, there will be...

The Office of the Commissioner for Revenue has announced that the income tax return and the supplemental document for Year of Assessment 2020 required to be filed by a principal taxpayer in respect of a fiscal unit are now available for download. Kindly note that...

CFE Tax Advisers Europe has published an Opinion Statement further to the OECD consultation on the Pillar 1 and Pillar 2 Blue Prints. The Opinion Statement can be viewed at this link.   source: taxadviserseurope.org

This week’s edition of the CFE Tax Top 5 looks at the following: AG Kokott: Belgian Excess Profit Rulings Constitute ‘State Aid Scheme’ EU Parliament Calls for Wider Scope of EU Tax Blacklist EU Leaders Reach Agreement on Longer-Term Budget Applications Open: CFE’s 2020 Albert...

On 9/10 December the European Commission issued revised notices in connection with the withdrawal of the UK-EU rules in the areas of VAT and Excise, replacing those issued in March/April 2020. The updated notices can be viewed here: WITHDRAWAL OF THE UNITED KINGDOM AND EU...

EU Member States have agreed to extend EU tax transparency rules to digital platforms. Following the proposal made by the Commission in July as part of the Action Plan for Fair and Simple Taxation the agreed proposal on administrative cooperation (DAC 7) will ensure that Member States automatically...

New measures have been adopted which will allow EU Member States to put in place a temporary VAT exemption for vaccines and testing kits being sold to hospitals, doctors and individuals, as well as closely related services (see Commission Proposal of 28 October 2020). Currently,...