Transfer Pricing
A new article has been introduced in the Income Tax Act which paves the way to the introduction of transfer pricing rules in Malta. The new article empowers the Minister responsible for finance to make rules in relation to transfer...
Read moreParticipation Exemption Amendments
Article 12(1)(u) of the Income Tax Act has been amended to limit the applicability of the participation exemption to income received from a participating holding which is not in a company resident in a country listed in the EU list…
Taxation of royalties on qualifying literary works
As from 1 January 2021, royalties received by an individual in his capacity as author of a qualifying literary work may be taxed at a final tax rate of 15%. If an individual opts to have such royalties taxed under…
