Overview of the Maltese Income tax and VAT Consideration in respect of income from and expenditure on Intellectual Property.

The webinar will consider, amongst other matters, the following topics:

• Defining intellectual property;
• Tax treatment of income from intellectual property distinguished between trading income and passive income including the implications on tax refunds/ effective tax rate;
• Tax deductibility of expenditure on intellectual property, including consideration on the patent box regime;
• Tax treatment of gains/profits from the transfer of intellectual property including consideration of transfers between group companies;
• Applicability of withholding taxes, tax exemptions and the interest and royalties directive on royalty income/expenditure;
• Maltese VAT treatment of consideration received from exploitation of intellectual property in domestic and cross-border supplies;
• Application of the transfer of a going concern provision in respect of transfer of intellectual property.