28 April 2021
 
 
The MIT Weekly

Tax News & Updates

 
 

VAT e-commerce rules commencement notices

Legal Notices 219 to 226 of 2020, published on 2 June 2020, introduced amendments to the VAT Act implementing Council Directives...

Public Consultation: VAT

A public consultation has been launched on the Commission’s proposal for an amendment to the VAT Directive introducing a VAT exemption...

 
 

DAC 2/ CRS/ FACTA reporting deadline extended

The Office of the CfR has announced that due to the continued exceptional circumstances brought about by the COVID-19 pandemic that have created a challenging environment, an extension for...

CFE Tax Top 5

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

  • Pascal Saint – Amans: Digital Tax Agreement by October...

 
 
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Deadline reminder: TA 22 & TA 24

The deadline for submission of the TA 22 (15% tax on income from part time self-employment) and the TA 24 (15% on rental income) is 30 April 2021.

 
 
 
 
 

Next Week's webinar:
Tax Compliance Series 2 - Tax Returns for companies

  Tax Compliance Series

Part one of a two-part session on the process of completing corporate income tax returns. The speaker will address various issues and difficulties which may arise when completing the returns and will present practical scenarios to demonstrate, inter alia, how different sources of income are reportable in the income tax return and how different corporate vehicles treated as companies could impact such reporting. The basis of taxation applicable to companies will also be addressed. 

*eligible for the MIT Membership Offer

Date: 6 May 2021 (Part 2 will be held on 13 May 2021)
Time: 17:00 - 20:00
Speaker: Louise Grima

 
 

Other upcoming CPE events

6 May 2021 & 13 May 2021 - Tax Compliance Series 2: Tax Returns for Companies
19 May 2021 - Anti-hybrid rules in practice
20 May 2021 - Tax Compliance Series 3:  Capital Gains & Stamp duty reporting
27 May 2021 - Tax Compliance Series 4: VAT
2 June 2021 - VAT workshop on cross-border transactions in services
14 July 2021 - The income tax treatment of share transfers

* these webinars are eligible for the MIT Membership Offer