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Latest Articles Category: Tax

Obligation to submit an Income Tax Return for the year of 2023

Income Tax Return for the year 2023

The tax department has recently announced that the Income Tax Return (“T.D.1 form”) for employees, pensioners, and self-employed individuals who do not prepare audited financial statements for the year 2023 is now available for electronic submission via the TAXISnet system.

DAC8 Directive: Crypto and E-Money

DAC8 Directive: Crypto and E-Money

The evolving landscape of digital assets and the significant crypto market growth has signalled an essential response from the European Union (EU) to ensure effective tax compliance. This has led to adopting a directive (DAC8) that amends the EU rules on administrative cooperation concerning tax matters. This directive seeks to strengthen the current legislative structure.

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