News

Amendment to the Exemption from Tax on Certain Property Transfers Rules

By means of LN 129 of 2021, the Government of Malta has amended the above-mentioned rules, which were originally issued in 2020 after announcing a recovery package with the aim of restoring the economy following the effect of the COVID-19 pandemic In terms of the said...

Amendment to the Exemption of Duty in terms of Article 23 Order

By means of LN 130 of 2021, the Government of Malta has amended the above-mentioned rules, which were originally issued in 2020 after announcing a recovery package with the aim of restoring the economy following the effect of the COVID-19 pandemic The transfer ‘inter...

EU CONSULTATION ON EXTENDING DAC TO CRYPTO-ASSETS AND E-MONEY

The EU Commission has launched a public consultation on a proposal to expand the Directive on Administrative Cooperation, to provide for the exchange of information in the field of taxation to include crypto-assets and e-money. The objective of the...
Compliance monitoring by the CfR

Compliance monitoring by the CfR

The Office of the CfR has announced that, as part of its compliance monitoring, entities in scope of the Cooperation with Other Jurisdictions on Tax Matters Regulations (SL 123.127) that will be receiving a formal letter from the Commissioner for Revenue are expected...

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Tax rebate on private residential leases

Tax rebate on private residential leases

The Office of the CfR has announced that persons who derive income from a private residential lease which is registered with the Housing Authority as a long lease, are eligible for a tax rebate against the tax chargeable on such rental income.  The...

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Gozo Back Office Employment Scheme 2021

Gozo Back Office Employment Scheme 2021

The Ministry for Gozo has on the 26th January 2021 launched the Gozo Back Office Employment Scheme 2021. This scheme will provide assistance to employers, in the form of partial reimbursement of salaries for full-time workers under an indefinite contract. The scheme...

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Gozo Back Office Employment Scheme 2021

Gozo Back Office Employment Scheme 2021

The Ministry for Gozo has on the 26th January 2021 launched the Gozo Back Office Employment Scheme 2021. This scheme will provide assistance to employers, in the form of partial reimbursement of salaries for full-time workers under an indefinite contract. The scheme...

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DAC 6 Guidelines published

DAC 6 Guidelines published

The Office of the CfR has announced that the Guidelines on the Mandatory Automatic Exchange of Information in relation to Cross-Border Arrangements have been published.  The Guidelines have been issued in terms of Article 96(2) of the Income Tax Act (Chapter...

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