When the founder members of the Malta Institute of Taxation felt that the time was opportune for the setting up of a body that would have as its main purposes the advancement of education in all matters relating to taxation, the creation of an informed public opinion on the subject and the development of the techniques of taxation.

The activities of the Institute are mainly of educational and academic.  Once of its most popular activities is the holding of public seminars and workshops.  Attendance at these events is always satisfactory and it often happens that an event has to be repeated.  Speakers from abroad are occasionally invited to address the audience on specialised technical topics.

The Malta Institute of Taxation is given official recognition by its inclusion as a qualifying body in Legal Notices concerning various duties and obligations under tax law.  Students who are successful in obtaining the Diploma at the end of the Course may also be granted exemption from certain requirements of official bodies.