[ONLINE] Shipping, Yachting & Aviation – A VAT Perspective – 03 September

Shipping, Yachting and Aviation activities give rise to numerous transactions likely to trigger Maltese VAT implications in some shape or form including registration, compliance, chargeability, filing and other implications. Hence it is of utmost importance that one is aware of the actual Maltese VAT implications arising from such transactions to take the appropriate actions in a proper and timely manner. Failure to do so might prove to be costly resulting in potential incorrect pricing, under/over declaration of output/input VAT, late registrations/invoicing/filing and other implications.

Instructed by: Saviour Bezzina. in: Uncategorized

Seminar Description

Shipping, Yachting and Aviation activities give rise to numerous transactions likely to trigger Maltese VAT implications in some shape or form including registration, compliance, chargeability, filing and other implications. Hence it is of utmost importance that one is aware of the actual Maltese VAT implications arising from such transactions to take the appropriate actions in a proper and timely manner. Failure to do so might prove to be costly resulting in potential incorrect pricing, under/over declaration of output/input VAT, late registrations/invoicing/filing and other implications.

The objective of the session is to identify the main provisions in the Maltese VAT Act Cap.406 of the Laws of Malta and the EU VAT Directive 2006/112/EC applicable to these sectors and discuss the correct way such provisions are to interpreted from a Maltese VAT perspective. To do so, apart from the respective legislations, reference will also be made to relevant CJEU Cases, VAT Department Guidelines, Council Implementing Regulations and other relevant literature.

Topics on the Agenda

Background Information (inc. Transaction types: Domestic/ICAs/ICSs/Exports/Imports)

Taxable Person (inc. VAT Registration requirements)

Goods or Services (inc. reference to Yacht Leasing issues)

Place of supply (inc. reference to use and enjoyment provisions)

VAT Exemptions (inc. Qualifying Vessels/aircrafts)

VAT Chargeability (inc. Reverse Charge Mechanism)

CPE

Qualifies for 3 CPE Core hours

Course Fee

The course fee is €90 for Non-Members €80 for Members. The fee covers seminar participation and access to event resources. Login details will be provided closer to the date.

A receipt will be issued to all participants.

Event Resources

Participants will receive the event resources by email.

Additional Information

For more information, kindly use the following communication mediums:

T: 21 58 53 74   M: 77 01 17 19   E: info@skillsmalta.com      Webpage: www.skillsmalta.com