On the 14 Dec 2020 MIA participated in the Anti-tax Avoidance Directive (ATAD) seminar organised jointly by the IFSP, the MIT and the MIA. This saw leading tax practitioners Mr John Ellul Sullivan, Mr Steve Gingell and Mr Craig Schembri discuss the way in which the provisions of the EU’s ATAD are being implemented in a Maltese context.

The virtual 2 hour seminar saw over 200 members from the 3 institutions participate in this interactive webinar, which allowed for participants to ask questions both in advance of the session and during the session.

The EU’s ATAD is part of an international drive towards greater transparency in tax matters. The provisions of the Directive are transposed into local legislation pursuant to S.L. 123.187. The focus of the seminar was on the three specific aspects on the ATAD implementation being the CFC, Exit Taxation and Interest Deduction Limitation rules.