Registration Time: 13:15
Sessions Time: 13:30 - 16:45  including a 15-minute break
Speaker: Mr Kenneth Cremona
Venue:   Online Webinar

Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €40.00
Non-MIA Members: €75.00
Retired Members: €20.00
Students: €30.00

*Group bookings for 3 or more participants available.

BACKGROUND INFORMATION

This session will give a detailed walkthrough of the various VAT considerations parties dealing with immovable property should be aware of. The general rule is that immovable property is exempt from VAT. However there are transactions which may be considered to be debatable, while naturally others which are chargeable for vat purposes as per the specific exceptions dealing with immovable property. Hence, this session will discuss the definitions and scope of the exemption. In the absence of clear-cut legislative definitions, we will refer to CJEU case law and domestic practice and guidelines. The treatment of input VAT will also be evaluated, and moreover, the possible utilisation of partial attribution.

Specific topics to be covered during the session

1.      Refresher on core principles of VAT
2.      Analysing the VAT activities within scope of the VAT exemption
3.      The right for input VAT deductions and partial attribution
4.      A practical example focusing on this industry

Why is the session of relevance to our members?

Accounting professionals and VAT advisors would benefit greatly from joining this session on VAT and immovable property. The real estate sector is fraught with intricate VAT regulations, and staying current with these rules is essential for ensuring compliance and maximising VAT recovery

Target Audience

Accountants, Accounting Students, VAT Advisors, Lawyers

Speaker's Profile

Kenneth Cremona graduated with a Master in Accountancy from the University of Malta in 2015. Kenneth joined RSM Malta in 2016, initially working on Income Tax Compliance dealing with clients established in multiple industries including Gaming, Immovable Property, Investments, Pharmaceuticals and Retail. In 2019, he specialised in VAT advisory and was promoted to a Manager in 2022. Kenneth is also a CPA warrant holder and received the Professional Certificate in Taxation issued by the Malta Institute of Taxation in 2017..

EVENT CPE COMPETENCies

3  Core

WEBINARS TERMS AND CONDITIONS

Terms and conditions  apply

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Please note that all webinars are recorded by the MIA. Such recordings will be retained by the MIA for internal use.