eGaming Review talks to industry expert Alan Alden, Director of Contact Advisory Services Ltd about how operators can keep up to date with changing regulations and his view on how they will impact business.
eGaming Review (eGR): How has regulation for the egaming industry changed most significantly in the past 12 months?
Alan Alden (AA): In March 2011, Legal Notice 90 came into force which amended the Remote Gaming Regulation....
In this article, we shall be reviewing certain aspects of the VAT legislation currently in force in Malta, the impact these may have on operators working in the industry and the obligations of such operators in relation to VAT compliance.
VAT is regulated by the Value Added Tax Act (Chapter 406). There are three rates of VAT in Malta, the standard 18%, the reduced 5% and the 0%. Most of the goods and services provided fall under the...