Malta's Commissioner for Revenue has published Guidelines on the application of the 12% VAT rate on the supply of management of securities.
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Guidelines on the application of the 12% VAT rate on the supply of management of securities
Date: 12/03/2024
Purpose and Background
Pursuant to the adoption of the VAT Rates Directive (Council Directive (EU) 2022/542 of 5 April 2022), Malta adopted Legal Notice 231 of 2023 which amends the Eighth Schedule to the VAT Act (Chapter 406, Laws of …