On December 15, 2016 the Maltese Commissioner for Revenue has issued guidance under the provisions of article 96(2) of the Income Tax Act on the use of Mutual Agreement Procedure (MAP). Although written from a Maltese perspective we found the guidance quite interesting to read, since it also provides some more general background information on MAP procedures.

In the MAP Guidance issued by the Maltese Commissioner for Revenue a.o. the following topics are discussed:

·   What is a MAP?

·   The Malta Competent Authority

·   Details of Competent Authorities of Contracting States/Parties

·   The Functions of the Malta Competent Authority

·   MAP: How does it work?

·   Making a Request for MAP

·   Considerations by the Competent Authority upon receiving a MAP Request

·   Appeal Rights

·   Commencing and Conducting the MAP

·   Concluding the MAP

·   Suspension of Collection of Tax During a MAP

·   Consideration of Interest During a MAP

·   Limitation on the Use of Taxpayer Information

Click here to be forwarded to the MAP Guidance as issued by the Maltese Commissioner for Revenue.

 Copyright – internationaltaxplaza.info

Follow International Tax Plaza on Twitter (@IntTaxPlaza)

and

Follow International Tax Plaza on Facebook