The official notice with the details of the COVID-19 wage supplement has been published in the Malta Government Gazette of 13 April 2020.

The Commissioner for Revenue has announced further details relative to the Tax Deferral Scheme announced last week through a News Item entitled: COVID-19 Fiscal Assistance – Postponement of Payment of Certain Taxes,

The OECD released a report addressing the tax implications of COVID-19 pandemic on cross-border workers and other related cross-border matters.

A revised version of the shareholder registration online application has just been made available on the CFR (Commissioner for Revenue) website for online Income Tax Services.

As at today, 44 jurisdictions have committed to implement the CRS, with the result that Financial Institutions should have already introduced new procedures in order to enable them to meet their reporting obligations.

With the effective date of the United Kingdom's exit from the EU fast approaching, no deal has yet been reached between the EU and the UK.

Taking into account the challenges being faced by certain gaming operators particularly due to the cancellation of several sporting activities, the Malta Gaming Authority (MGA) has introduced the following measures.

As of 1 January 2015 iGaming services supplied to private consumers (private individuals and non-taxable persons) in the EU will be treated as supplied in the Member State of the customer.

Following the annual verification exercise carried out by the National Audit Office (NAO), it was revealed that gaming operators were not always respecting their reporting obligations with regards to players' liabilities and taxes.

The closing of infringement proceedings against Malta on the 30th October 2020 by the European Commission with respect to the VAT Treatment of leasing of yachts...

The Maltese Presidency of the Council of the European Union is attaching great importance to the general improvement of business and employment conditions across the EU bloc.

Legal Notice 315 enacts the deferral by 6 months of the first reporting date of cross-border arrangements under the Mandatory Disclosure Rules (DAC 6).

Malta has established itself as one of the world's premier yachting jurisdictions, with over 1,000 superyachts registered under its flag. What makes Malta's combination of EU compliance, competitive VAT rates, and flexible registration pathways so attractive to yacht owners and operators seeking a strategic Mediterranean base?

For years, multinational enterprises have navigated uncertainty at the intersection of VAT and transfer pricing (TP) regulations. The central question remains unresolved: Are TP adjustments simply outside VAT's scope...

Malta's Commissioner for Revenue (CfR) released its "Guidelines on the Income Tax Treatment of transactions or arrangements involving DLT assets" in November 2018

Yachts imported in the European Union for commercial purposes need to undergo relative VAT and customs procedures to subsequently be imported in the European Union with the release of the relative import documentation ...

The Shipping team at GANADO is carefully studying the Commission's decision since this will form the basis of new legislation that we expect to be passed later this year.

The shipping registry in Malta is acknowledged today to be the fifth largest registry in the world and one of the largest within the European Union. But until recently, Malta only registered ships and private yachts under the Maltese Flag and no provision was made for the registration of Commercial Yachts.

A taxable person is required to file a Recapitulative Statement when engaging in VAT-exempt Intra-Community Supplies and when supplying services that take place in the territory of another...

Malta has introduced amendments to its Double Taxation Relief agreements with Romania and San Marino, specifically targeting the mutual agreement procedure provisions within both treaties. These changes aim to enhance the operational framework for resolving tax disputes between the contracting states, with Romania's amendment adding stipulations for competent authority resolution and San Marino's removing time limitations on MAP procedures.