(July 29, 2015)
On July 29, 2015 the Maltese Commissioner for Revenue published an updated version of the FATCA Guidelines (Version 3.0). A few new sections were added and other sections were updated.
In the updated Guidelines the following sections were updated:
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2.2.3 Application to Trusts
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3.1 Registration with the Commissioner for Revenue
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3.3 Reporting
Furthermore the following new sections were added:
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3.3.10 Reporting on Recalcitrant Account Holders
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3.3.10.1 Meaning and Treatment of Recalcitrant Account Holder
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3.3.10.2 Reporting on Recalcitrant Individual Accounts
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3.3.10.3 Reporting on Recalcitrant Entity Accounts
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3.3.10.4 Completion of data elements
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4.4. Compliance Measures Relating to Trusts
Click here to be forwarded to the updated version of the FATCA Guidelines as published on the website of the Maltese Inland Revenue
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