The fact that Member States may apply a reduced VAT rate or exemption with credit on these items does not automatically mean that in Malta these goods or services will be subject to a reduced rate. Therefore, one needs to wait until the relevant Legal Notices are issued by the VAT Authorities transposing this Directive into domestic law.
Another change which is secondary in the context of the Reduced VAT Rates Directive but which could have significant impact on operators is the change to the VAT treatment of services falling under Article 53 and 54 of the EU VAT Directive.
Source: KPMG
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