Malta pushes back initial DAC7 registration deadline
On 27 October 2023, the Maltese Commissioner for Tax and Customs notified that Version 1.2 of the updated guidelines on the reporting obligations of Digital Platform Operators imposed by DAC7 (Council Directive (EU) 2021/514), has been issued
See MoreMalta: CFR updates guidelines on the reporting obligations of DAC7
On 31 August 2023, the Maltese Commissioner for Revenue (CFR) updated guidelines in relation to the reporting obligations of Digital Platform Operators (DAC7). The DAC7 requirements come into effect on 1 January 2023 into Maltese domestic law. The
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Malta: CFR issued guidelines on the reporting obligations of DAC7
On 23 June 2023, the Maltese Commissioner for Revenue (CFR) published a set of guidelines in relation to the reporting obligations of Digital Platform Operators (DAC7). The DAC7 requirements come into effect on 1 January 2023 into Maltese domestic
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Malta: CFR notifies electronic corporate tax return for year of assessment 2023
On 8 June 2023, the Maltese Commissioner for Revenue (CFR) notified that the year of assessment 2023 electronic corporate income tax return is now available on online services. The supplemental document in case of a Fiscal Unit will be available for
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Malta: CFR updates FAQs on DAC6
On 13 April 2023, the Maltese Commissioner for Revenue (CFR) updated “frequently asked questions” (FAQs) on the Mandatory Automatic Exchange of Information in relation to Cross-Border Arrangements (DAC6). Accordingly, the following questions
See MoreMalta: CFR provides guidelines on DAC6 notification obligations for intermediaries
On 8 March 2023, the Maltese Commissioner for Revenue (CFR) provides guidelines in relation to the waiver from filing information in respect of a reportable cross-border arrangement (DAC6). Following the CJEU decision on 8 December 2022, Maltese
See MoreMalta: CFR extends electronic filing deadline of CIT returns for 2023
On 8 March 2023, the Maltese Commissioner for Revenue (CFR) notified that the deadlines for the electronic filing of corporate income tax (CIT) have been extended as follows: Financial Year Ending Manual Return Deadline Electronic
See MoreMalta amends the income tax group deduction rules
On 21 February 2023, Malta published Legal Notice 40 of 2023 in the Official Gazette amending the income tax group deduction rules. According to the amendments, the total allowable deductions that may be claimed shall not exceed EUR 1 million per
See MoreMalta: CFR extends DAC6 annual notification deadline for non-disclosing intermediaries
On 17 February 2023, the Maltese Commissioner for Revenue (CFR) notified that the deadline for annual notification of cross-border arrangements (DAC6) by non-disclosing intermediaries is being extended. Accordingly, non-disclosing intermediaries
See MoreIMF Report Considers the Economic Outlook for Malta
On 8 February 2023 the IMF issued a report following discussions with Malta under Article IV of the IMF’s articles of agreement. The economy has recovered from the recession caused by the pandemic with output growing by 11.75% in 2021. Further
See MoreMalta implements DAC7 into domestic law
On 20 January 2023, Malta issued Legal Notice 8 of 2023 in the Official Gazette. Accordingly, Malta implemented regulations on the exchange of information on income from digital platforms (DAC7). This law is in accordance with the Council Directive
See MoreMalta implements formal transfer pricing rules
On 18 November 2022, Malta published Legal Notice 284 of 2022 in the Official Gazette implementing transfer pricing rules into Malta’s tax code. These rules shall apply for basis years commencing on or after 1 January 2024 in relation to any
See MoreMalta amends the interest rate on unpaid tax
On 14 September 2022, Malta issued Legal Notice 228 of 2022 on Income Tax (Rate of Interest) (Amendment) Rules, 2022. Accordingly, the date by which the tax is payable in terms of the relevant provisions of the Income Tax Acts is 31 August 2022 or a
See MoreMalta: CFR notifies corporate income tax return for the assessment year 2022
On 31 May 2022, Malta’s Commissioner for Revenue (CFR) notified that the year of assessment 2022 electronic corporate income tax return is available on online services. Although such returns may be downloaded and filled in, the facility to upload
See MoreMalta: CFR publishes FAQs on DAC6
On 29 April 2022, Malta’s Commissioner for Revenue (CFR) has published “frequently asked questions” (FAQs) on the Mandatory Automatic Exchange of Information in relation to Cross-Border Arrangements (DAC6). The FAQs contains the definition of
See MoreMalta changes the interest rate on unpaid tax and additional tax rate
On 4 March 2022, Malta issued Legal Notice 99 of 2022 in the Official Gazette, through which Malta changes the interest rate on unpaid tax and additional tax rate. The Legal Notice provides the following changes: the additional tax shall be
See MoreMalta: CFR extends electronic filing deadline of CIT returns for 2022
On 27 January 2022, Malta’s Commissioner for Revenue (CFR) has notified that the deadlines for the electronic filing of corporate income tax (CIT) have been extended as follows: Financial Year EndingManual Return DeadlineElectronic
See MoreMalta seeks comments on draft Transfer Pricing Rules
On 22 December 2021, Malta’s Commissioner for Revenue (CFR) has published draft Transfer Pricing Rules on its website for public consultation. The consultation period will end on 28 February 2022, and the draft Transfer Pricing Rules shall come
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