The Malta Tax and Customs Administration (MTCA) commissioner, Joseph Caruana, announced that the tax administration intends to accelerate its plans to introduce mandatory e-invoicing and real-time reporting (DRR) nationwide.
One of the main drivers behind this initiative is Malta’s VAT gap of 24.2%, which is more than double the EU average of 9.5%. Additionally, this move aims to anticipate the upcoming VIDA requirement, under which e-invoicing and DRR will become mandatory fo…