5 February 2020
 
 
The MIT Weekly

Tax News & Updates

 
 

Interpreting the Mandatory Disclosure Rules and Anti-Hybrid Rules 

On 30 January 2020 the MIT held an internal Think-Tank session for the members of the MIT Direct Tax Committee, the MIT Professional Affairs Committee and the MIT Council, on the mandatory disclosure rules for tax intermediaries and the Anti-Hybrid rules which have been transposed into Maltese law. During the session, the participants discussed a number of practical issues arising out of the respective rules and shared their views on their interpretation and application.

As a follow-up to the Think-Tank, the MIT is organising a series of seminars focusing on each of these topics, during which the speakers will discuss the issues raised during the Think Tank and share the conclusions reached.

To book your place at these seminars, click on the links below.

 
 

Transposing the Tax Intermediary Directive into Maltese Law

Date: 12 February 2020
Time: 09:00 - 12:15
Lecturers: Dr Rachel Zarb Cousin and Ms. Nadiia Onyshchuk

Adjusting to Anti-hybrid legislation in Malta

Date: 11 March 2020
Time: 09:00 - 12:15
Lecturers: Mr Steve Gingell &
Dr Christopher Bergedahl

 
 
Latest News
 
 

CFE Tax Top 5


This week’s edition looks at the following:

  • OECD Inclusive Framework Renew Commitment to Finding Digital Tax Solution...
 

VAT Fiscal Receipt Books

The Office of the CfR has announced that as of this month VAT fiscal receipt books can be collected from the MaltaPost branch requested...


Adjusted Class 1 Social Security Rates

The Office of the CfR has announced an adjustment to the contributions rates for the basis year 2020, specifically, to the basic salary threshold of category ‘D’ for those persons...

 
 
Upcoming Seminars
 
 

VAT Practical: Input Tax Recovery

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Date: 4 March 2020
Time: 15:00 - 18:00
Lecturers: Ms Louise Grima

This workshop will take participants through the principles of input tax recovery, setting out the conditions for input VAT recovery rights to be exercised, the methodology for partial attribution computation and adjustments, and adjustments for capital goods. The application in practice of these principles will be applied through VAT return workings and practical examples.

 
 

VAT CPE events - Save the Date! 

VAT: Travel Agents Scheme - 25 March 2020
VAT: Immovable Property Transactions - 22 April 2020
Cross-Border supplies of services (B2B & B2C): principles and reporting - 20 May 2020
Preparing for VAT 2021 - 3 June 2020