Insights

Omnibus Updates
Sustainability Omnibus Updates
On 26 February 2025, the European Commission introduced the Omnibus Regulation—a legislative package revising core elements of the European Green Deal. It amends the Corporate Sustainability Reporting Directive (CSRD), Corporate Sustainability Due Diligence Directive (CSDDD), and the Taxonomy Regulation. The goal: reduce reporting burdens for SMEs and mid-sized firms, streamline compliance, and boost competitiveness in a growth-oriented EU regulatory environment.
Kiara Conings
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When the Exemption Does Not Apply
Navigating VAT in the Skies: When the Exemption Does Not Apply
This article explores when VAT exemptions in aviation leasing does not apply, focusing on key failure points such as non-airline entities, private use, domestic operations, and short-term hires. It explains how VAT becomes chargeable when exemption conditions are unmet, and why careful structuring is essential for airlines, lessors, and intermediaries navigating aircraft leasing.
Deon Caruana
| 3 min read |
What's next for EU Sustainability policy?
Omnibus Regulation Rejected What's next for EU Sustainability policy?
On 22 October 2025, the European Parliament rejected the mandate for the proposed Omnibus Regulation, a key simplification initiative under the European Green Deal. This move delays progress and sends the proposal back to plenary debate on 11–13 November, where amendments may be reopened.
Kiara Conings
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Malta Strengthens Family Office and Treasury Operations Framework
Targeted Incentive for Senior Roles Malta Strengthens Family Office and Treasury Operations Framework
Malta introduces a 15% flat tax rate for senior roles in family offices and treasury operations under Legal Notice 250 of 2025. The new framework aims to attract top financial talent and strengthen Malta's position in wealth management. Learn about eligibility, safeguards, and how Grant Thornton Malta can assist.
Luke Aquilina
| 2 min read |
Aircraft Leasing and Leasing Chains
Navigating VAT in the Skies: Aircraft Leasing and Leasing Chains
Understand how VAT applies to aircraft leasing in Malta and the EU, including dry and we leases, leasing chains, and exemptions for international transport. Essential insights for aviation finance and tax / VAT professionals.
Deon Caruana
| 4 min read |
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