On January 4, 2020, the Maltese tax authority issued guidance on the DAC6 reporting requirement.
The guidance includes information on reporting entities, reportable arrangements, the different categories of hallmarks, information to be submitted and how, and penalties.
The guidance provides clarifications on the concepts of the main benefit test and tax advantage.
DAC6 was implemented by Legal Notice L.N. 342 of 2019 with effect from July 2020.