- Amendments update definitions and add new ones, such as “revenues acts.”
- From January 2026, excess VAT credits can be set off against other tax dues.
- Clarifications are made on VAT treatment for private use of goods and free services.
- New rules define and determine taxable value for supplies between related parties.
- Notices from the Commissioner can now be served electronically.
- Changes related to electronic interfaces, distance sales, and call-off stock take effect January 2027.
Source: bdo.com.mt
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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