Tax treatment of interest paid under the VAT Act – MTCA guidance
31 May 2024
Further to the repeal of article 74 of the VAT Act with the Budget Measures Implementation Act, the Malta Tax & Customs Administration (MTCA) has issued Guidance clarifying that the income tax treatment of interest paid pursuant to the provisions the VAT Act has, with effect from 1 January 2024, been aligned with the tax treatment of interest paid under the Income Tax Acts.