Tax In Malta
The tax system in Malta is favourable to say the least. There is no tax on donation, no wealth tax, inheritance tax or estate and gift tax.
The tax system in Malta is favourable to say the least. There is no tax on donation, no wealth tax, inheritance tax or estate and gift tax.
Maltese legislation provides for four types of relief from double taxation of foreign source income: Treaty Relief, Commonwealth Relief, Unilateral Relief, Flat Rate Foreign Tax Credit (FRFTC).
The Maltese VAT Act is based on the VAT Directives of the European Union. Value added tax is levied on the supply of goods and services in Malta.
We gathered the most important highlights of the key fiscal and economic points of the Malta budget speech.