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Malta Tax Agency Guidance: Reduced VAT Rate for Custody of Securities Explained

  • Malta Tax Agency issued guidance on reduced VAT rate for supplies of custody of securities
  • Guidance includes effective date, definitions of securities and custody, exemptions for global custody services and nominee services
  • Issued under EU Directive 2022/542 and Legal Notice 231/2023

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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