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The MIT Weekly ~ 24 November 2023
 
 
The MIT Weekly

Tax News & Updates

 
 

Taxation of gains or profit from activities in an exclusive economic zone

The Proviso to Article 4(1) of the Income Tax Act (CAP 123) has been revised by Act XXXV of 2023 to stipulate that income or capital gains arising from activities carried out in an exclusive economic zone area deemed to be carried out in Malta...

Transactions in the exclusive economic zone within the scope of Malta VAT

Act XXXV of 2023 has amended the definition of ‘Malta’ for the purposes of the VAT Act (CAP 406) to include the ‘Exclusive Economic Zone’ and now reads: “the Island of Malta, the Island of Gozo and the other islands...

 
 

CFE Tax Top 5

This week's edition of the CFE Tax Top 5 looks at the following:

  • Momentum Builds Behind Africa Group Initiative for UN Tax Convention...

Crypto-Asset Reporting Framework

The MTCA has announced that Malta has agreed to the Proposal for a Council Directive amending Directive 2011/16/EU on administrative cooperation in the field of taxation (DAC 8)...

 
 

MIT hosts 2023 annual tax conference

The MIT hosted its 2023 Annual Tax Conference over three days – 28 September, 20 October and 14 November. With the overarching theme of ‘Change’, this 3-part event addressed the significant changes taking place both at a global level and domestically, and the impact of these changes for businesses and tax professionals...

 
 
 
 
 

What's happening at MIT next month?

4 December 2023 - Webinar: EU Direct Tax Developments 

6 December 2023 - Webinar: 2023 ~ The Year in Review (Complimentary for MIT Members)

 
 
MIT COT

MIT Course on Tax Compliance

NEW SYLLABUS with a focus on practical sessions!

The 2023/2024 academic year of the MIT Course on Tax Compliance starts on 7 December. Last chance to enrol for an MQF 5 qualification in tax compliance and reporting.