VAT thresholds
Persons eligible for registration under Article 11 of the VAT Act has been widened by means of Legal Notice 163 of 2018 whereby the provisions of Council Implementation Decision (EU) 2018/279 of the 20th February 2018 have been implemented. ...
Read moreNotional Interest Deduction Rules 2018
Malta has very recently introduced the concept of a notional interest deduction (NID). The recently published rules come into effect from year of assessment 2018 (basis year 2017) and they are aimed at mitigating the differences in the tax treatment...
Read moreBudget Newsletter 2018
On 9 October 2017, the Honourable Minister of Finance, Professor Edward Scicluna, presented the Budget for 2018. As has become customary, the introductory part of the budget speech was dedicated to the salient features of the Maltese economy, highlighting the...
Read moreMalta signs a tax treaty with Mauritius
On 15 October 2014 Malta signed a tax treaty with Mauritius. The treaty was published by means of legal notice 409 of 2014. The tax treaty is modelled on the OECD model convention. However, it is interesting to note that...
Read moreMalta signs a tax treaty with Moldova
Malta and Moldova signed a double taxation agreement. The agreement was signed on 10 April 2014 between Foreign Minister George Vella and his Moldovian counterpart Natalia Gherman. Malta and Moldova also signed a joint declaration on European Integration. Malta promises to...
Read moreTaxand Global Survey 2014
The Taxand Global Survey 2014 provides insight into the outlook and concerns of multinationals in relation to corporate taxation. Download survey
Read moreMalta signs FATCA
Malta signed intergovernmental agreements with the US Treasury Department to implement the Foreign Account Tax Compliance Act (FATCA). Malta signed the Model 1A agreements. Under these agreements, Foreign Financial Institutions (FFIs) will report the information required under FATCA about US...
Read moreMalta signs a tax treaty with Macau
Malta and Macau agreed to work together to prevent tax evasion and tax avoidance. Macau’s Secretary for Economy and Finance Francis Tam Pak Yuen and the Maltese ambassador to China, Joseph Cassar, signed a tax treaty in Beijing on May...
Read moreMalta signs tax information exchange agreement with the Cayman Islands
Malta signed a tax information exchange agreement with the Cayman Islands. The two countries are Global Forum members and the TIEA was completed ahead of the Joint Ministerial Conference meeting of British Overseas Territories in London.
Read moreMalta ratifies Convention on Mutual Administrative Assistance
Legal Notice 282 of 2013 entitled JOINT COUNCIL OF EUROPE/OECD CONVENTION ON MUTUAL ADMINISTRATIVE ASSISTANCE IN TAX MATTERS ORDER, 2013 brings into force the Joint Convention on Mutual Assistance ratified by Malta on May 23. The Convention provides that state...
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