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The MIT Weekly ~ 30 Oct 2022
 
 
The MIT Weekly

Tax News & Updates

 
 

Beverage Container Refund Scheme - VAT invoices/reciepts

The Office of the CfR has issued guidelines in connection with the issuing of Tax Invoices and Fiscal Receipts by operators in connection with the Beverage Container Refund Scheme pursuant...

CFE Tax Top 5


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

  • EU Parliament’s FISC: Reform of Corporate Taxation & Lessons Learned from the Pandora Papers...
 
 

Budget 2023: Fiscal Measures Highlights

The following is an overview of some of the fiscal measures announced:

  • Tax refunds will once again be issued in 2023, ranging from €60 to €140...
 

Budget Measures Implementation Bill


Following the Budget 2023 speech earlier this week, the Budget Measures Implementation Bill has been tabled in Parliament.

View the Bill here.

Proposed amendments to the VAT Act

The Budget Measures Implementation Bill  published on 25 October 2022 is proposing the following amendments to the VAT Act:

  1. an increase in the penalty for failure to submit...
 
 
 
 
 

Scheduled Webinars

16 November 2022 - Tax Considerations relevant to the real estate sector
25 November 2022 - Withholding Tax Obligations for payors of Investment Income
9 December 2022 - A review of local judicial decisions (Tax & VAT) 

 
 

MIT Members are reminded that they are entitled to 6 CPE hours of MIT webinars on a complimentary basis (T&Cs apply) - Book for one of the eligible webinars and utilise your 2022 credits.

 
 

Featured Event: Tax Considerations for the Real Estate Sector

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The fiscal aspects relating to property transactions are typically wide in nature and depend upon the particular aspects of the transactions, the location of the property, holding period, previous transactions concerning the same property and other particularities concerning the individual circumstances of the buyer and the seller. Participants in the property market need to evaluate the prospective tax considerations on a transaction by transaction basis.

Join us for a practical review of a number of transactions from a property transfer tax perspective and a duty aspect.

Date: 16 November 2022
Time: 14:00 - 16:00 

Lecturer: Roderick Borg
ONLINE

 
 

MIT Short Courses

Staring 7 December 2022 - MIT Short Course on Personal Taxation
Staring 15 December - Advanced Maltese Income Tax and Stamp Duty
Starting 15 December 2022 - MIT Tax Compliance Series