Malta's Commissioner for Revenue recently published version 1.1 of the Guidelines on the Mandatory Automatic Exchange of Information in relation to Cross-Border Arrangements. The updated guidelines, dated 16 November 2021, provide an overview of Council Directive (EU) 2018/822 and the implementation of DAC6 reporting in Malta, as well as details on reporting intermediaries, relevant taxpayers, reportable cross-border arrangements, the hallmarks, reporting, and penalties. The updates in versi…