The shipping and yachting industries are significant contributors to the Maltese economy, involving numerous transactions by both local and international entities. Therefore, understanding the VAT implications for these sectors is crucial. This session will focus on identifying the main provisions of the Maltese VAT Act (Chapter 406 of the Laws of Malta) and the EU VAT Directive (Council Directive 2006/112/EC) relevant to these industries, and will, in particular, explore how these provisions should be interpreted from a Maltese VAT perspective. To provide a comprehensive understanding, we will also delve into and examine, among other things, the relevant conclusions of the Court of Justice of the European Union (CJEU) on the subject and relevant guidelines issued by the local tax authority.
The Speaker
Jonathan Pace is a Manager within Deloitte Malta’s Indirect Tax service line, focusing on the provision of indirect tax advisory and compliance services to domestic and international clients.
Jonathan has been active in the local tax and financial services industry since 2014 and is currently a Manager within Deloitte Malta’s Indirect Tax service line, focusing on the provision of indirect tax advisory and compliance services to domestic and international clients. He also has experience working overseas, having been seconded to the Luxembourg office for a period of seven months between 2016 and 2017.
Having attained the ACCA qualification in 2016, Jonathan is an accountant by profession and a member of the Malta Institute of Accountants. In 2022, Jonathan also obtained the Professional Award in Taxation offered by the Malta Institute of Taxation.
Jonathan has extensive experience in VAT, spanning various industries and sectors, in particular iGaming and yachting. Currently, he also forms part of the Young Members focus group within the Malta Institute of Accountants and occasionally delivers specialised VAT training for various educational institutes in Malta.