Malta Introduces EU Small Business Scheme for Cross-Border Supplies
Malta published the Value Added Tax (Amendment) Act 2024 in the Official Gazette on 17 December 2024. Among other things, the Act provides for the introduction of the EU small business scheme for cross-border supplies in accordance with Council Directive (EU) 2020/285 of 18 February 2020. This essentially provides that a taxable person established in another EU Member State can apply the VAT r…
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