Malta has long held reservations about the deal however has agreed to see it through
‘Their remit is to advise relevant authorities of how it is best to achieve better compliance’ by local companies
With tax reform currently low on the agenda, this allows Malta time to assess its potential impact
Malta needs to remain tax competitive, for the right reasons
In the meantime, Malta needs to study and prepare for whatever the future may hold
As countries grapple with a difficult winter ahead, EU officials are again raising the issue of tax harmonisation
Businesses are obliged to issue a VAT receipt or be fined between €700 and €3,500
The new rates were originally meant to start in June
Companies have 30 months to make good for some taxes that fell between August 2020 up to December 2021
The new structure and rates will be adopted for the basis year 2025
The date of the new deal's implementation has already been pushed back
The terms were said to be too favourable to the construction magnate
He spoke during a European Council ECOFIN meeting
The change comes as the Government redoubles its efforts to clamp down on tax cheats
The leading business lobby also made extensive reference to 'abusive' and 'extravagant' Government spending
Malta has long held reservations about the deal however has agreed to see it through
‘Their remit is to advise relevant authorities of how it is best to achieve better compliance’ by local companies
With tax reform currently low on the agenda, this allows Malta time to assess its potential impact
Malta needs to remain tax competitive, for the right reasons
In the meantime, Malta needs to study and prepare for whatever the future may hold
As countries grapple with a difficult winter ahead, EU officials are again raising the issue of tax harmonisation
Businesses are obliged to issue a VAT receipt or be fined between €700 and €3,500
The new rates were originally meant to start in June
Companies have 30 months to make good for some taxes that fell between August 2020 up to December 2021
The new structure and rates will be adopted for the basis year 2025
The date of the new deal's implementation has already been pushed back
The terms were said to be too favourable to the construction magnate
He spoke during a European Council ECOFIN meeting
The change comes as the Government redoubles its efforts to clamp down on tax cheats
The leading business lobby also made extensive reference to 'abusive' and 'extravagant' Government spending