Mutual Agreement Procedures (MAPs) play a crucial role in resolving transfer pricing disputes, which arise when multinational enterprises allocate profits among their various subsidiaries in different jurisdictions. These disputes often occur because tax authorities in different jurisdictions may have conflicting views...
The first CSRD reports reveal that companies are still adapting to new sustainability disclosure requirements. Key steps include early alignment with CSRD standards, setting up structured double materiality assessments, and expanding disclosures beyond mandatory topics, where relevant. Climate Change remains a...
The VAT in the Digital Age (ViDA) package, adopted on 11 March 2025, aims to modernise and digitalise the Value Added Tax (VAT) system within the European Union. The initiative focuses on enhancing tax collection, reducing fraud, and simplifying VAT compliance through technology. Key components include digital...
Liquidating a company in Malta requires meticulous management of both pre-liquidation and post-liquidation stages to avoid legal, financial and reputational issues. Key challenges include meeting obligations on time, addressing financial and compliance requirements, and maintaining proper records. Delays and inadequate...
The guide emphasises the importance of corporate culture and ethics as foundational elements for a resilient and high-performing organisation. It outlines the role of culture in shaping employee behavior, decision-making and risk management. The guide highlights the expanding role of Internal Audit in evaluating...
PwC has today unveiled a new brand positioning, visual and verbal identity. PwC’s new brand positioning and identity better reflect how it works today to support clients to unlock and protect value and to ensure its identity provides the right platform for the future. At the heart of the new positioning is the...
In today's competitive business landscape, brands are competing for attention on digital platforms. While it may seem tempting to reach as many people as possible, a broad approach is often ineffective. Success lies in establishing the right target audience, understanding ideal customers, and tailoring strategies to...
Recent amendments to the Value Added Tax Act, effective from 1 January 2025, primarily impact small undertakings by altering the criteria for eligibility. The changes include the inclusion of certain exempt supplies related to immovable property, financial transactions, and insurance transactions in the turnover...
AI has been disrupting a variety of fields since its onset. Unfortunately when it comes to learning, this has raised some concerns, with the perception that AI may potentially be used to automate tasks that historically required the input of subject matter expertise, thorough review, and critical thinking. But what...
The guide emphasises the importance of corporate culture and ethics as foundational elements for a resilient and high-performing organisation. It outlines the role of culture in shaping employee behavior, decision-making and risk management. The guide highlights the expanding role of Internal Audit in evaluating...
As operations grow, reaching net zero requires clear plans, coordination, and ongoing effort. Key actions include setting an emissions baseline, transitioning to renewable energy, using smart technologies, and involving both leadership and employees. Managing Scope 1, 2, and 3 emissions, especially from travel and...
The latest economic outlook for Malta issued by PwC reveals a robust performance in the face of moderate global growth projections. According to recent data, Malta's GDP growth rate stood at 6% in 2024, although decelerating somewhat from 6.8%, and is forecasted to dip below the 4% mark by 2026. This growth is driven...
In the competitive business landscape, delivering exceptional customer experiences is crucial. PwC highlights the transformative power of Customer Relationship Management (CRM) technology in achieving this goal. CRM systems, which include modules for sales, customer insights, service, marketing, and field service,...
Anyone can be at risk of a tax audit, and being prepared is crucial. Tax audits can be daunting, requiring significant time and resources to gather necessary documentation and respond to inquiries. The fear of potential penalties or adjustments to tax liabilities adds to the anxiety. Ensuring good practices focused on...
The EU Pay Transparency Directive (Directive (EU) 2023/970) aims to ensure equal pay for equal work or work of equal value between genders across the EU by implementing measures of transparency related to remuneration and other benefits. The Directive, expected to be transposed into local legislation by June 2026,...
In December 2024, the FIAU issued revised IPs for CASPs, aligning the local AML/CFT framework with EU legislation. The inclusion of new risk factors, improved procedures and revised guidelines highlights the need for CASPs to implement a robust AML/CFT framework.
Selecting a Learning Management System (LMS) is vital for enhancing digital learning in organizations. Key non-technical considerations include effective administration, robust knowledge management, and alignment with the Learning and Development (L&D) strategy. Dedicated super users, centralized knowledge retention,...
The Invest Scheme, launched in 2024, provides financial aid in the form of tax credits, cash grants, loan interest rate subsidies, and loan guarantees to businesses engaged in qualifying activities such as manufacturing, hotels, pharmaceuticals, computer programming, and data hosting. The aid is available for initial...
The guide emphasises the importance of corporate culture and ethics as foundational elements for a resilient and high-performing organisation. It outlines the role of culture in shaping employee behavior, decision-making and risk management. The guide highlights the expanding role of Internal Audit in evaluating...
CFOs are central to integrating sustainability into corporate strategy, ensuring compliance, and leveraging financial and operational benefits within ESG projects. Key responsibilities include embedding sustainability into decision-making, engaging stakeholders, optimising tax incentives, and maintaining rigorous...
On February 26, 2025, the European Commission (EC) introduced a series of proposals aimed at simplifying European Union (EU) regulations, enhancing competitiveness, and unlocking additional investment capacity. Among these proposals, the Carbon Border Adjustment Mechanism (CBAM) is a key initiative designed to...
With years of experience working with EU funding schemes and the support of our international network, our team of professionals in advisory can help you develop solutions to face your challenges and operate more profitably. We can assist you in making value-adding decisions by identifying opportunities within your...
Enterprises today no longer compete with local counterparts but with competitors on the global marketplace. As a result, investment is needed to obtain new digital capabilities and processes to fuel future business growth. This incentive seeks to assist SMEs through non-repayable grants to part-finance investment to...
Enterprises today no longer compete with local counterparts but with competitors on the global marketplace. As a result, investment is needed to obtain new digital capabilities and processes to fuel future business growth. This incentive seeks to assist SMEs through non-repayable grants to part-finance investment to...
With years of experience working with EU funding schemes and the support of our international network, our team of professionals in advisory can help you develop solutions to face your challenges and operate more profitably. We can assist you in making value-adding decisions by identifying opportunities within your...
Effective retirement planning is essential for ensuring long-term financial security. Yet, many individuals in Malta continue to rely exclusively on the Government pension, assuming it will be sufficient to cover their needs. However, given the potential challenges posed by rising living costs, inflation and increased...
Amount B is a concept introduced by the OECD as part of its ongoing efforts to simplify and standardize transfer pricing rules, particularly for low-value-adding intra-group services. The primary objective of Amount B is to provide a fixed return for certain routine distribution activities. The simplified and...
On 14 February 2025, the Malta Tax and Customs Administration (MTCA) released the "Beneficial Loan Arrangements - Guideline for the purposes of rules 26 and 27 of the Fringe Benefits Rules" (FBR). This Guideline impacts qualifying employers, primarily Maltese licensed banks and authorised financial institutions, by...
With growing regulatory and market pressure, certifications like ISO, EcoVadis, MSCI, CDP, Bloomberg, Green Key, LEED, BREEAM, and B Corp provide clear guidelines for meeting environmental and social standards. They enhance reputation, attract investors, and bring financial benefits. Achieving certification requires...
The Investment Services Act (Special Limited Partnership Funds) Regulations (the “Regulations”) introduced a new structure for investment funds in Malta, a limited partnership without a separate legal personality, a significant addition to the fund structuring solutions available in Malta. This article provides a...
Dive into PwC’s Cyber Threats 2024: A Year in Retrospect for knowledge to help you navigate the shifting tides of cyber threats in 2025 and beyond.
The UK has slipped from 17th to 18th place, down from 10th in 2020 - the steepest post-pandemic decline amongst OECD countries - with Iceland, New Zealand and Luxembourg the best performing.
M&A in 2025: Big deals, winning hands, and wild cards. Megadeal momentum returns to the market—but dealmakers will need to expect the unexpected.
Results from PwC’s most recent CEO Survey show that executives have big expectations from AI. To realise them, they’ll need to build more confidence in the tech.
The findings of our 28th Annual Global CEO Survey show that CEOs are reaping early productivity gains from Generative AI and rising payoffs from investments in sustainability. The challenge is to increase scope and speed.
Check out the latest findings of PwC’s 2025 Global Digital Trust Insights Survey, reflecting the views of over 4,000 executives.
Find out how technology is changing the way leading organisations see risk, creating new value and building resilience.
Investigating how organisations are reacting to the challenges associated with global pay fairness and the introduction of living wages.
Hear what tech innovators and C-suite leaders say about how generative artificial intelligence will change business and what you can do to prepare, profit and protect your company.
