VAT in the context of Gambling has always been challenging for operators and professionals providing related services. The course will cover the intricacies associated with gambling transactions with a view to applying a consistent approach towards applying the correct VAT treatment thereof.
The course will kick start by going through the history of gambling in Malta, allowing you to understand the reasons behind the application of the VAT rules we know today. During the course our main focus shall be to outline the pertinent VAT rules and apply these in practice. This shall include the application of the deduction system and its limitation and addressing certain compliance obligations such as VAT Registrations and VAT Return Reporting applicable to the subject matter. We shall also hold a discussion of relevant Case Law of the European Court of Justice.