The Office of the Commissioner for Revenue wishes to remind persons who engage in an activity that consists of the purchasing in their own name, and subsequently, supply goods against payment, that such activity may have implications as regards Value Added Taxes (VAT) as well as Income Taxes.
Particularly, this Office would like to bring to the attention of persons who engage in an activity whereby, on an ongoing basis, such persons take orders from customers (such as through social media pages or groups) for the purchase of goods from third party online websites, which goods are purchased by said persons in their own name and subsequently sold to the end customers, that such persons would be subject to:
• VAT on any sales made to end customers; and
• Income taxes on any profits made from such activity.
Source gov.mt
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