Starting from 1 January 2021, reportable cross-border arrangements are to be disclosed to the tax authorities in Malta within 30 days.

On 4 January 2021, the Maltese tax authorities published the Guidelines on the Mandatory Automatic Exchange of Information in relation to Cross-Border Arrangements (the ‘Guidelines’). These Guidelines are to be read in conjunction with the Cooperation with Other Jurisdictions on Tax Matters Regulations – S.L. 123.127 (the “Regulations”) which reflect the implementation of the EU Directive 2018/822 (DAC6).

Sheltons can help with understanding the implications that these new rules will have on your business and help implement effective controls and procedures to ensure that all reportable cross-border arrangements are identified and actioned on time.

  • Advisory: We can review arrangements to help determine whether the directive may place any reporting obligation on any entity within a structure.
  • Monitoring: We can assist with the implementation of comprehensive controls and procedures that help identify potentially reportable cross-border arrangements in a timely manner.
  • Training: We can provide personalised training to staff members on the application of these rules.
  • Reporting: We can assist with fulfilling reporting requirements by guiding you and preparing the necessary paperwork.

Reach out to our team of professionals for assistance and advice, by writing to us at [email protected].