Rule 1 of the Transfer Pricing Rules has been revised by LN 9 of 2024. A new proviso to Rule 1 provides that the Rules shall apply, in the case of arrangements entered into before 1st January 2024 and which were not materially altered on or...
LN 8 of 2024 sets out the criteria and limitations that apply to the 7.5% reduced rate of tax on income from artistic activities enabled pursuant to article 56(26A) of the Income Tax Act. The rules, which apply to income derived by an individual on...
The MTCA has published Legislative Update 1, summarising the legislative developments in tax in November and December 2023....
Changes to the Tax Rebate (Pensioners) Rules (SL 123.179) were published in LN 6 of 2024 and apply to income earned on or after 1 January 2024....
The Pensions (Tax Exemption) Rules have been updated by LN 5 of 2024. The revised rules, which update the exemption thresholds for pensions income, entered into effect from 1 January 2024....
The Deduction (Income from Employment) Rules have been revised by LN 1 of 2024 increasing the income threshold of €10,535 in Rule 2 to €11,620. The new rules apply with effect from YA 2025. ...
The MTCA has announced that the Annual Notification for non-disclosing intermediaries which is due by 29th February 2024 is available for download here. Notifications are to be made by sending a signed copy of the completed document together with the Excel file to mdr.mfin@gov.mt....
The MTCA has published updated guidance in relation to the Notional Interest Deductions Rules....
The Commissioner for Tax and Customs has announced that, with effect from the period covered by the year of assessment 2024, any expenditure of a capital nature incurred on Intellectual Property or Intellectual Property Rights may, at the option of the person that has incurred...
