This week’s edition of the CFE Tax Top 5 looks at the following: EU Commission Presents Recovery Package Proposal; EU Launches Digital Services Act Package Consultation; OECD Publishes Report on Restoration Planning by Tax Administrations; EU Publish Antitrust Competition Tool Inception Impact Assessment; EU Launch...

Legal Notices 219 to 226 of 2020 were published on 2 June 2020. The legal notices introduce amendments to the VAT Act implementing Council Directives 2017/2455, 2009/132/EC and 2019/1995/EC amending Directive 2006/112/EC concerning the VAT e-commerce package which was expected to come into force on 1...

The Office of the CfR has announced that the submission deadline for the Income Tax Return for Year of Assessment 2020 is being extended to 31 July 2020 due to Covid-19. The returns will be mailed during the last week of June.   source: cfr.gov.mt  

The Commissioner for Revenue has announced that the following 5 new online services have been launched for persons in business as from 1 June 2020: PE Registration Form, PE Deactivation Form, PE Reactivation Form, VAT – Change in Register and VAT – Maintain Economic Activity....

The Office of the Commissioner for Revenue has notified that the front office that processes share transfer documents for income tax and duty purposes housed within the premises of the Malta Business Registry (MBR) will re-open to the public on the 1st of June. Persons...

This week’s edition of the CFE Tax Top 5 looks at the following: France to Impose Digital Tax in Absence of OECD Agreement; EU Economic & Finance Ministers Videoconference on EU COVID-19 Response; European Spring Semester Package Released; UK Publish Post-Brexit Global Tariff Plan; French-German...

The Commission has launched a public consultation on the VAT Scheme for Travel Agents. The Travel Agents Scheme, which is set out in Articles 306 to 310 of the VAT Directive (transposed via the Fourteenth Schedule to the Malta VAT Act), was originally introduced due...

Further to the extension of the tax deferral scheme announced last month, the Commissioner for Revenue guidance has been updated to include the settlement deadline. In terms of the guidance, which was updated earlier today, the eligible taxes are to be settled by 31 October 2020....

The office of the Commissioner for Revenue has issued a notice on the social security considerations relevant to self-employed persons in connection with the COVID-19 wage supplement. The notice clarifies that: The wage supplement (€800 or less) replaces or supplements the normal income of the self-employed and therefore...