The Commissioner for Revenue has on the 9th November 2020 issued a new guidance note to provide a general overview of the European Union Dispute Resolution Mechanisms Directive Implementation Regulations (S.L. 123.191).
Such regulations which transpose to Maltese Law the European Union Directive on tax dispute resolution mechanism , provide for mechanisms to resolve disputes that arise between Malta and other EU Member States from conflicting interpretations of agreements and conventions that provide for the elimination of double taxation of income, namely the double tax treaty agreements concluded between contracting states. By resolving such conflicts, contracting states eliminate the risk that taxpayers suffer prejudice when a dispute remains unresolved.
