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Charting a New Path in Today’s Tax Reality


Date: 14th, December 2023
Time: 09:00 - 17:00
Venue: Xara Lodge, Rabat
CPE Competencies: 6.25 Core Hours

Participation Fees:

Members Rate €110
Non-Members Rate €160
Retired Members Rate €80
Students Rate €60

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Agenda

Time Session
08:00 - 09:00  Registration
09:00 - 09:20Welcome Address
09:20 - 09:35 Keynote Speech
09:35 - 09:55Customs: An Update
09:55 - 10:55 Indirect Taxation Update
10:55 - 11:15Networking Coffee Break
11:15 - 12:00  Tax and Sustainability Reporting
12:00 - 12:50  Transfer Pricing
12:50 - 13:50  Lunch Break
13:50 - 14:00Address by the Shadow Minister for Finance
14:00 - 14:15Address by the Minister for Finance and Employment
14:15 - 15:25Ongoing Changes and Reforms
15:25 - 15:45 Networking Coffee Break
15:45 - 16:45 Direct Taxation Update
16:45 - 17:00 Concluding Remarks


09:00 Welcome Address

Ms Maria Cauchi Delia - CEO of the Malta Institute of Accountants

Mr Mark Bugeja - President of the Malta Institute of Accountants


09:20 Keynote Speech

Mr Joseph Caruana - Commissioner for Tax and Customs at the Malta Tax and Customs Administration


09:35 Customs: An Update

Mr Christopher Magri - Director General Customs Operations


09:55 Indirect Taxation Update

Moderated by:

Ms Louise Grima - Chairperson of the MIA Indirect Taxation Committee and Associate Director at KPMG Malta

Speakers:

    • Mr Chris Borg - Member of the MIA Indirect Taxation Committee and Leader Indirect Tax at Deloitte
    • Mr Saviour Bezzina - Member of the MIA Indirect Taxation Committee and Senior Manager (Indirect Tax) at EY Malta
    • Ms Karen Spiteri Bailey - Member of the MIA Indirect Taxation Committee and Partner (Outsourcing and VAT Advisory) at RSM Malta
    • Dr Mark Abela - Senior Manager (Tax and Legal Services) at PwC Malta


11:15 Tax and Sustainability Reporting

Speakers:

    • Dr Chris Mifsud Bonnici - Senior Manager (Tax and Legal) at PwC Malta
    • Mr Antoine Fenech - Audit and Assurance Director at Deloitte


12:00 Transfer Pricing

Moderated by:

Mr Craig Schembri - Chairperson of the MIA Direct Taxation Committee and Director (Tax Mergers and Acquisitions) at Deloitte

Speakers:

    • Dr Trudy Muscat - Senior Manager (International Tax) at Deloitte
    • Ms Audrey Azzopardi - Senior Manager (Tax and Legal) at PwC Malta
    • Mr Kurt Farrugia - Deputy Chairperson of the MIA Direct Taxation Committee, and Director (Tax Services) at KPMG Malta
    • Ms Miraine Vella - Senior Manager (International Tax & Transaction Services) at EY Malta


13:50 Address by the Shadow Minister for Finance

Hon. Mr Jerome Caruana Cilia - Shadow Minister for Finance


14:00 Address by the Minister for Finance and Employment

Hon. Mr Clyde Caruana - Minister for Finance and Employment


14:15 Ongoing Changes and Reforms

Moderated by:

Dr Conrad Cassar Torregiani - Country Leader (Tax) at Deloitte

Speakers:

    • Mr David Ferry - Member of the MIA Direct Taxation Committee and Partner at PwC Malta
    • Dr Robert Attard - Partner and Tax Policy Leader at EY, Central & South East Europe
    • Dr John Ellul Sullivan - Tax Partner at KPMG Malta


15:45 Direct Taxation Update

Moderated by:

  • Mr Paul Giglio - MIA Council Member, and Member of the MIA Financial Services Committee and of the MIA Small and Medium Practices Group, and Partner (Tax and Assurance) at Mazars Malta

Speakers:

    • Dr Ruth Bonnici - Associate Director (International Tax Advisory) at KPMG
    • Dr Chris Bergedahl - Senior Manager (International Tax) at Deloitte
    • Mr Silvio Camilleri - Member of the MIA Direct Taxation Committee and Director (International Tax & Transaction Services/Business Tax Advisory) at EY Malta




Disclaimer: agenda is subject to change.

Speakers


Ms Maria Cauchi Delia

CEO of the Malta Institute of Accountants

Maria Cauchi Delia is the Chief Executive Officer of the Malta Institute of Accountants, the sole professional accountancy body in Malta. In her role, she leads the institution in the fulfilment of its strategic objectives, in advising national and international institutions in matters concerning the profession and the wider financial industry and represents the MIA in its engagements with key stakeholders at both national and international level.

As a certified public accountant, Ms Cauchi Delia brings extensive expertise gained from her diverse experience in both the public and private sectors, having worked in various institutions in Malta and abroad. She holds a degree from the University of Malta and is a Fellow Member of the Malta Institute of Accountants.


Mr Mark Bugeja

President of the Malta Institute of Accountants

Mark Bugeja is the President of the Malta Institute of Accountants, which, along with the MIA council, sets the overall direction of the Institute and ensures that it continues to develop in line with its mission and values.

Mr Bugeja is currently the Managing Partner of Grant Thornton and has been practicing, mainly in the field of auditing, since he completed the B.A. (Hons) Accountancy course at the University of Malta in 1987.


Mr Joseph Caruana

Commissioner for Tax and Customs at the Malta Tax and Customs Administration

Mr Joseph Caruana began his career with the Public Service in 1977 as a clerk. Along the years he progressed through the ranks and served in various roles across the Public Service, namely as Director Corporate Services within the Ministry for Resources and Rural Affairs, as Head of the Maltese Paying Agency and as Director General for Fisheries. From 2013 up to 2021 he served as Permanent Secretary within the Ministry for Education and Employment, the Ministry for Finance and Financial Services and the Ministry for Transport, Infrastructure and Capital Projects respectively, wherein he brought about a number of reforms and was responsible for the implementation of various strategies, polices and projects. Mr Caruana was appointed Commissioner for Tax and Customs on 1st February 2022 wherein he is implementing the digital transformation of the Malta Tax and Customs Administration.


Mr Christopher Magri

Director General Customs Operations

Christopher Magri joined the public service of Malta in 1986. Since then he has served in different positions and at different Departments, and in November 2022 he was appointed as Director General Customs Operations. Mr Magri graduated in Business Administration and Creativity and Innovation from the University of Malta.


Ms Louise Grima

Chairperson of the MIA Indirect Taxation Committee
and Associate Director at KPMG Malta

Louise Grima is an Associate Director at KPMG Malta. She joined KPMG in 2015 after graduating with a Master in Accountancy from the University of Malta and has since worked in direct and indirect tax compliance and advisory projects servicing clients in a number of industries including financial services, insurance, gambling and international trade. Louise was awarded the 2015 MIA Best Student of the Year prize for Master in Accountancy Group 2013/2015, holds a Diploma in VAT compliance.

Louise has also successfully completed the Advanced Diploma in International Taxation with an overall distinction. Louise is a member of the Malta Institute of Accountants (MIA) and is the Chairperson of the Indirect Tax Committee within MIA. Louise regularly delivers courses and seminars relating to VAT, is a visiting lecturer at the University of Malta and teaches ACCA at KPMG Learning Academy.


Mr Chris Borg

Member of the MIA Indirect Taxation Committee and Leader Indirect Tax at Deloitte

Chris heads Deloitte Malta’s Indirect Tax service line, leading a team of dedicated professionals providing a wide range of indirect tax, advisory, and compliance services to the firm’s local and international clients. He is a Certified Public Accountant with extensive experience and deep expertise in indirect tax matters. His experience spans various industries, and he is also a lecturer and examiner in VAT and Tax.


Mr Saviour Bezzina

Member of the MIA Indirect Taxation Committee and Senior Manager (Indirect Tax) at EY Malta

Saviour is the senior manager responsible for indirect tax matters at the EY Malta office and forms part of EY’s Global Indirect Tax Network as a local knowledge contact. He joined EY in July 2006 after obtaining the Bachelor of Accountancy (Hons.) from the University of Malta. He is a member of the Malta Institute of Accountants, holds a Diploma in VAT compliance, lectures regularly on VAT and indirect tax matters and is a member of the MIA and MIT Indirect Taxation Committees. Saviour was awarded the 2007 MIA prize as the best student who graduated in the Bachelor of Accountancy (Hons) Degree Course Group 2004/2006.


Ms Karen Spiteri Bailey

Member of the MIA Indirect Taxation Committee and Partner (Outsourcing and VAT Advisory) at RSM Malta

Karen Spiteri Bailey is the Partner heading Accounting outsourcing services, Payroll outsourcing services and VAT advisory services. She has extensive experience in servicing local and international clients across a wide range of industry sectors including trade federations, chambers and associations. She also has considerable experience in dealing with Value Added Tax and Taxation matters and in recent years continued to focus on Value Added Tax as an integral part of her responsibilities within the firm. Karen also provides regular training on VAT and payroll matters both within the firm and externally to other practitioners.

Karen sits on the Indirect Tax Committee of the Malta Institute of Accountants and the Education Committee of the IFSP.


Dr Mark Abela

Senior Manager (Tax and Legal Services) at PwC Malta

Mark read law at the University of Malta and is a senior manager in the Tax and Legal Services line of service at PwC Malta. Mark has significant experience in tax (direct and indirect), corporate and technology matters, with particular focus on the gambling and insurance sectors.


Dr Chris Mifsud Bonnici

Senior Manager (Tax and Legal) at PwC Malta

Chris is a dual Maltese and English qualified lawyer forming part of the Tax and Legal line of service at PwC Malta with a special focus on tax and regulatory matters including ESG and Sustainable Finance; Digital Finance; and Tax reporting.


Mr Antoine Fenech

Audit and Assurance Director at Deloitte

Antoine Fenech is an Audit and Assurance Director at Deloitte currently leading the ‘Accounting and Reporting Advisory’ and the ‘Accounting Operations Advisory’ pillars. The main areas of focus are ESG Advisory and Assurance, finance transformation projects, IFRS technical advisory, ESEF Advisory and Internal Control Gap Analysis. He is also an audit partner focusing on Insurance Industry).


Mr Craig Schembri

Chairperson of the MIA Direct Taxation Committee and Director (Tax Mergers and Acquisitions) at Deloitte

Craig joined Deloitte Malta’s tax function in 2003 after graduating with a Bachelors Degree in Accountancy (Hons) from the University of Malta.

Craig leads the firm’s Tax – Mergers and Acquisitions function and is also heavily involved in advising a portfolio of local and international corporate clients operating in various industries on Maltese direct tax matters, mainly relating to corporate groups’ shareholding and operational restructuring, vendor/buyer tax due diligence services, and transaction advisory/tax structuring projects.


Dr Trudy Muscat

Senior Manager (International Tax) at Deloitte

A senior manager within Deloitte’s international tax team, Trudy is an experienced international tax lawyer with a demonstrated history of efficiently leading a team to support MNEs with cross-border and local tax. Fifteen years work experience in corporate local and international tax law, personal holding solutions, family business succession planning and legal drafting, with a specialisation in EU direct tax. Trudy has focused on the entertainment and tech industry in recent years and in particular on the local and cross-border impact of EU tax developments and transfer pricing.


Ms Audrey Azzopardi 

Senior Manager (Tax and Legal) at PwC Malta

Ms Audrey Azzopardi is a senior manager within the PwC Malta Tax and Legal line of service. She is an accountant specialising in taxation of corporate and international tax law. She participates in various in-house seminars and lectures and regularly contributes to the firm’s local and global publications.

Mr Kurt Farrugia

Deputy Chairperson of the MIA Direct Taxation Committee, and Director (Tax Services) at KPMG Malta 

Kurt advises a portfolio of local and international private equity clients, and specialises in the field of international corporate tax, with a particular focus on aviation, financing structures, holding structures, and succession planning. He now leads a multi-disciplinary team of professionals, advising clients on the tax implications of corporate re-organisations, compliance obligations, and international tax considerations.


Ms Miraine Vella

Senior Manager (International Tax & Transaction Services) at EY Malta

Miraine Vella is a Senior Manager at EY Malta’s International Tax and Transaction Services. She is a CPA and an associate member of the MIA, MIT and IFSP. Miraine lectures at the University of Malta, ACCA Tax modules, the Maltese-variant ADIT paper and at MIT.


Hon. Mr Jerome Caruana Cilia

Shadow Minister for Finance

The Shadow Minister for Finance, Jerome Caruana Cilia, was elected to Parliament in March 2022. He is a member of the Economic and Financial Affairs Committee.

Caruana Cilia has actively participated in various conferences, both locally and abroad, most recently in the Inter-parliamentary Conference on Stability, Economic Coordination and Governance in the EU.

Caruana Cilia works at a managerial level in the financial services industry. After a number of years working for an international bank in Malta, he joined a Fintech company as the Head of Risk Management. He holds a Masters in Politics and the European Union degree, where he studied Political Economy and also holds a Master of Business Administration where he obtained a distinction. Caruana Cilia is a member of the Malta Institute of Management and a member of the Institute of Leadership and Management, in the United Kingdom. He is also a lecturer in the field of management and finance, particularly on Anti-Money Laundering regulations, Supervision and Corporate Governance.


Hon. Mr Clyde Caruana

Minister for Finance and Employment

The Minister for Finance and Employment, Clyde Caruana, was appointed Minister in November 2020, an Economist by training, has held the position of Executive Chairman at the State employment agency, Jobsplus, since 2014, more recently had taken up office as Prime Minister’s Chief of Staff.

During his tenure at Jobsplus, as Chairperson, he authored several position documents and policy papers, which have been central to the government’s labour force policy. Additionally, he was the main driver to implement these policies and reforms, most notably, related to free childcare, in-work benefits and others.

He had previously worked at the National Statistics Office between 2007 and 2012. Caruana also lectures in Economics at the Faculty of Economics, Management and Accountancy at the University of Malta.

He has written papers and articles in the welfare state and the labour market, as well as related research and consultancy work.


Dr Conrad Cassar Torregiani

Country Leader (Tax) at Deloitte

Conrad is a lawyer with a specialization in taxation having graduated Doctor of Laws from the University of Malta and Master of Laws in international taxation from the University of Leiden. Conrad joined Deloitte in 2001, assumed overall responsibility for the Deloitte Malta tax practice in 2019 and is also the current president of the Malta Institute of Taxation.


Mr David Ferry

Member of the MIA Direct Taxation Committee and Partner at PwC Malta

David joined PwC Malta in 1994. Specialising in VAT in 1997, David was admitted as the partner in 2009. Apart from lecturing on VAT with the Malta Institute of Taxation, David is a fellow member of the Malta Institute of Accountants and is on the MIA Direct Taxation Committee. David is also a Certified Public Accountant.


Dr Robert Attard

Partner and Tax Policy Leader at EY, Central & South East Europe

Robert Attard, Partner and Tax Policy Leader at EY in Central & South East Europe, is a seasoned expert and senior lecturer at the University of Malta. Recognised as a leading authority in tax law, he's a fellow of GREIT, member of the European Association of Tax Law Professors, and part of the International Law Association's study group on the "Protection of Taxpayers’ Rights." His influence extends to serving on the Supervisory Council of IBFD/IFA’s "Observatory on the Protection of Taxpayers’ Rights." A prolific author, Attard has contributed to various publications and argued landmark tax cases in Malta, earning acclaim for his expertise.


Dr John Ellul Sullivan

Tax Partner at KPMG Malta

John, a lawyer, is a partner in the tax function of KPMG and focuses on international taxation. He is a council member of the Malta Institute of Taxation.

Mr Paul Giglio

MIA Council Member, and Member of the MIA Financial Services Committee and of the MIA Small and Medium Practices Group, and Partner (Tax and Assurance) at Mazars Malta

Paul Giglio is a Tax and Assurance partner at Mazars Malta and has been working on a number of local and international assignments for over 25 years. Paul is a council member of the Institutes and a member of various MIA committees. He has been a guest speaker in a number of local and international tax conferences


Dr Ruth Bonnici

Associate Director (International Tax Advisory) at KPMG Malta

Ruth, a warranted lawyer by profession, read her Advanced Masters in International Taxation at the International Tax Centre, University of Leiden in 2018. Ruth is currently an Associate Director within the international tax advisory team at KPMG in Malta, mainly involved in advising international clients on setting up in Malta, restructuring their holdings or financing through Malta. In addition, Ruth regularly delivers classes in various courses relating to international and domestic tax.


Dr Chris Bergedahl

Senior Manager (International Tax) at Deloitte

Christopher is a Senior Manager at Deloitte Malta within the International Tax service line, with a focus on the financial services sector. In 2017 he graduated summa cum laude from the International Tax Center Leiden following which he served as a Teaching Assistant for the Fall Term of the 2017-2018 class. Christopher is warranted to practice in front of the Superior Courts of Malta and is a member of the Malta Institute of Taxation, the Malta Branch of the International Fiscal Association, the Chamber of Advocates and the Malta Institute of Financial Services Practitioners. Furthermore, Christopher is a member of the International Tax Subcommittee of the Malta Institute of Taxation and actively contributes to technical working groups.


Mr Silvio Camilleri

Member of the MIA Direct Taxation Committee and Director (International Tax & Transaction Services/Business Tax Advisory) at EY Malta

Silvio Camilleri is a Director within EY Malta’s International Tax & Transaction Services/Business Tax Advisory department. Silvio is a CPA by profession and joined EY Malta in 2012 after graduating from the University of Malta. He also lectures the Maltese tax modules for ACCA and has successfully sat for the Advanced Diploma in International Taxation at the Chartered Institute of Taxation.


               

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