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Malta’s AI Tools Boost Tax Revenue by €650 Million, Streamline VAT Processes in 2024

Malta collected 650 million euros more in tax in 2024 compared to the previous year The increase is attributed to AI tools combating VAT and tax evasion The finance minister stated this is part of a national strategy to close tax gaps and ensure...

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VATupdate Newsletter Week 19 2025

OWNERSHIP Let’s take a moment to talk about pain. Not the stub-your-toe kind, or the heartbreak-of-your-football-team-losing kind, but the Gen X-specific pain of buying the same music over and over again. First, we had...

VATupdate Newsletter Week 18 2025

MERCY There’s an old joke in the tax world: “A taxpayer walks into a tax office and says, ‘I’m innocent!’ The officer replies, ‘Great, we’ll take that under consideration… after the penalty.’” Funny? Maybe...

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