5 January 2022
 
 
The MIT Weekly

Tax News & Updates

 
 

Welcome to our first MIT Weekly for 2022! We will continue to bring you tax highlights and developments on a weekly basis. All tax news and updates are also posted on our TAX NEWS page. 

 
 

Proposed Directive on minimum effective tax rate for MNEs

On 22 December 2021 the European Commission proposed a Directive ensuring a minimum effective tax rate for the global activities of large multinational groups...

Proposed Directive on prevention of misuse of shell entities for tax purposes.

On 22 December, the European Commission proposed a Directive laying down rules to prevent the misuse of shell entities for tax purposes...

 
 

Intrastat Obligations - CfR Notice

The office of the CfR has issued a Notice urging taxable persons to comply with any outstanding Intrastat obligations and reminding defaulting taxable persons...

 

Guidelines on compromise arrangements in VAT

Government Notice 1621 published on 17th December 2021 sets out guidelines for the application of compromise arrangements...

FIAU Guidance Note on tax related suspicious reporting

The FIAU has published a guidance note in relation to tax related suspicious reporting which aims to provide...

 
 
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Transfer Pricing Rules Consultation

The Office of the CfR has issued the draft Transfer Pricing rules for public consultation...

 
 
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Taxation and the Prevention of Money Laundering: The Tax Practitioner's perspective

On 15th December 2021, the Malta Institute of Taxation held it’s first in-person event since the introduction of the COVID-19 pandemic restrictions in March 2020...

 
 
 
 
 

Last few days to book!!
Workshop & Q&A on VAT Return reporting

Join us on 10th January 2022 for a box-by-box walkthrough a standard VAT Return, with reference to the positions taken in the MIT Guide to Completing a VAT Return, and a discussion on reporting issues, common errors, practical scenarios and frequently asked questions. This event is FREE for MIT Members redeeming their MIT Membership Offer.

Date: 10 January 2022
Time: 14:00 - 17.00
Online

Speakers:
Chris Borg and Sarah Cassar Torregiani (MIT Indirect Tax Technical Committee)
Nico Sciberras (Technical Advisor, Office of the CfR)