The Malta Tax & Customs Administration launched a comprehensive Client Satisfaction Survey on 19 September. The survey, which has been sent to taxpayers by email, is aimed at gathering feedback from both service providers and individual taxpayers. ...
The Minister for Finance has launched the Pre-Budget Consultation Document 2025 Chapter 2 of the document, under the heading 'Ensuring Sustainability in Public Finances', provides an update on the programme for the modernisation of the Maltese Tax and Customs Administration, including: the implementation of a digitised...
The Income Tax (Deductions) (Amendment) Rules have been revised by LN 229 of 2024 to include provisions governing deductions made in accordance with the second proviso to article 14(1)(m) of the Income Tax Act in respect of expenditure of a capital nature on intellectual property...
Legal Notice 204 of 2024 has amended the First Schedule to the Immovable Property (Acquisition by Non-Residents) Act...
The EU Commission has launched a public consultation on draft legislation which introduces a common template and electronic format for annual country-by-country reporting obligations for large multinational corporations operating in the EU, who are required to disclose income tax information for a given financial reporting...
The Malta Tax and Customs Administration (MTCA) has announced that today's deadline for the electronic filing of income tax returns for individuals has been extended by 1 week to Wednesday 7 August 2024. The due date of the relative payment is being extended accordingly. The personal income...
The Income from Sport Activities Rules 2024 (LN 147 of 2024), which come into force with effect from YA 2025, extends the application of the 7.5% tax rate, which has applied to players, licensed coaches and athletes (article 56(26) of the Income Tax Act, CAP...
The electronic corporate income tax return for year of assessment 2024 is now available on MTCA's online services. The supplemental document in case of a Fiscal Unit is also available for download. For this year of assessment the notable changes to the tax return are: TRA 63...
Regulation 6 of the 'European Union Global Minimum Level of Taxation for Multinational Enterprise Groups and Large-Scale Domestic Groups Regulations' has been revised by Legal Notice 130 of 2024 with effect from 20 February 2024, as follows: in Regulation 6(1), the words "regulation 2(7)" has...
