Episode 10: Exchanges of Information

The international exchange of information is a key element in the fight against cross-border tax evasion. In this episode, we speak with Katya Higgins, Senior Manager within Malta’s International and Corporate Tax Unit. She explains the different exchange mechanisms and outlines that companies need to keep information on the beneficial owners, as well as accounting and banking information, which may need to be passed on to the authorities. She also highlights that the International Tax Unit may impose fines of up to €19250 if companies fail to provide the requested information.