Malta. Tax

Tax Payment Deferral Scheme

  In response to the negative effect of the pandemic of COVID-19 the Maltese Government has introduced a number of fiscal measures to support Maltese entrepreneurs.  We outline below the main measures, which are directed at improving liquidity and easing the pressure on cash flow, particularly by way of a tax deferral whereby tax can [...]

The Malta Budget Measures Implementation Act (the Act) was passed on 29th March 2018. The below is an update on the most interesting of the measures:   Amendment to the definition of ‘participating holding’: the percentage equity holding requirement has been reduced to 5% (down from 10%) of the equity shares of a company, such […]