Stamp Duty And Tax On Property Reduced
Malta’s stamp duty and tax on property has been reduced to help the real estate sector amid the COVID-19 pandemic – Great news for property buyers and sellers!
Participating Holding
A shareholder of a Maltese company may claim a full refund of the tax paid on the dividends and capital gains received from a participating holding, if…
The Refund System
In its drive to eliminate economic double taxation, Malta has adopted a system of tax refunds to shareholders, upon a distribution of dividends by a company registered in Malta. Shareholders may claim the following tax refunds of the Malta tax charge of the distributing company…
Tax Optimization for Digital Nomads
Life of a digital nomad is full of fun and adventure but they often forget about their taxes and that is a mistake they can avoid with tax optimization.
Taxation of Individuals
Personal income tax is charged at progressive rates of tax up to a maximum of 35 per cent, as illustrated by the following charts: Single RatesMarried ratesParent ratesSingle Rates Married rates Parent rates
Tax Implications of setting up in Malta
Malta offers a liberal tax regime and recent enactments have provided greater flexibility for (specific) sectors to benefit form a more favourable tax regime.
Advance Revenue Ruling Malta
An advance revenue ruling may be obtained from the Commissioner of Inland Revenue in Malta to confirm whether the participation qualifies as a ‘participating holding‘.
Participating Exemption
Income derived from a participating holding or from the disposal of such holding will qualify for a participating exemption, which is intended to exempt from tax dividends and gains derived from such holdings.
Full Imputation System
Malta adopts the Full Imputation System where dividends paid by a Maltese resident company carry a tax credit equivalent to the tax incurred by the company on the profits out of which the dividends have been paid.
Taxation of Malta Companies
The taxation of Malta companies can be difficult to understand at first sight, but we are here to break it down for you!