Fiscal Units

Since their introduction the Consolidated Group (Income Tax) Rules have continued to gain popularity in their application. This session will delve into both the theoretical and practical aspects of these Rules including a consideration of the Guidelines issued by the Malta Tax and Customs Administration. It will address the criteria and process involved in setting up a fiscal unit, the implications of having a discal unit in place as well as look into aspects of the preparation of a consolidated income tax return and its supplementary document.

The Speaker

Jana Farrugia, a senior manager at Deloitte Malta, is a Certified Public Accountant and Registered Auditor. She graduated with a Bachelor of Accountancy (Hons.) Degree from the University of Malta, after which she pursued her post-graduate Diploma in Taxation from the Malta Institute of Taxation. Her main area of practice is taxation and related matters including corporate tax and international tax. She has assisted local and international clients operating in diverse industries in both compliance and advisory tax matters. She managed a tax practice in a large mid-tier firm for twelve years before joining Deloitte. Jana sits on the Committee of Direct Taxation of the Malta Institute of Accountants, is a fellow member of the Malta Institute of Taxation and the Malta Institute of Accountants, and a member of the Malta Institute of Financial Service Practitioners. She has lectured in both direct and indirect tax matters, as well as at the University of Malta.