Malta’s recently released 2022 Budget includes measures to support low-income workers and those working part-time or overtime, to improve the supply of affordable housing, and to introduce a new concessionary tax regime for artists and performers.
InterestArchiv
Lowtax.net News: COVID-19: EU Approves Cypriot VAT Deferral Scheme
The European Commission has approved under the Temporary State Aid Framework a Cypriot aid scheme allowing for the deferral of VAT payments by companies affected by the coronavirus pandemic.
Lowtax.net News: Bahamas Announces COVID-19 Tax Reliefs
The Bahamas Department of Inland Revenue has announced a Tax Credit and Tax Deferral Employment Retention Programme, which will benefit businesses with an annual turnover of BSD3m (USD3m) or more and a minimum of 25 non-executive employees.
Lowtax.net News: Luxembourg Announces COVID-19 Tax Support Measures
On March 17, 2020, Luxembourg’s Ministry of Finance announced the relaxation of certain tax payment deadlines for companies and self-employed individuals affected by the coronavirus outbreak.
Lowtax.net News: Jersey Seeking To Strike Up More Financial Services Business In China
Representatives from Jersey are holding week-long meetings in Asia to promote the island as a well-regulated offshore international financial center.
Lowtax.net News: Guernsey Launches Consultation On Introducing LLCs
Guernsey is proposing to adopt limited liability companies (LLC), in a move intended to enhance the island’s competitive position in the United States.
Lowtax.net News: Barbados Introduces Indirect Tax Changes
Starting May 1, 2019, Barbados introduced a new obligation on foreign suppliers to charge VAT on supplies to consumers in Barbados.
Lowtax.net News: Bermuda Seeks Greater Say In Int’l Tax Policy Talks
The Bermuda Government has set out its plans to more actively engage in discussions on tax policy internationally, including newly establishing offices in Brussels and Washington DC.
Lowtax.net News: Gibraltar Covered By Proposed Brexit Transition Period
The UK’s recently negotiated Withdrawal Agreement with the EU sets out the arrangements that will apply with regards to Gibraltar.
Lowtax.net News: Barbados To Shutter IBC Regime, Remove Harmful Tax Provisions
Barbados’s Minister of International Business and Industry, Ronald Toppin, has confirmed that the territory will soon repeal a number of tax measures that are considered to be contrary to new international standards on harmful tax regimes.