Tax & VAT News
Insights
Tax & VAT News
Latest news relating to Tax and VAT in Malta. Click below and contact us if you need any additional information.
The issuance of Transfer Pricing Rules in Malta
On the 18th November 2022, Malta introduced Transfer Pricing Rules via legal notice 284 of 2022.
CfR notice: VAT and tax for e-commerce operators
Information Note published by the offices of the Commissioner for Revenue on the tax and VAT treatment of e-commerce operators.
Invest (Support for Initial Investment Projects) Programme
Earlier this year Malta Enterprise launched the Invest (Support for Initial Investment Projects) Programme. This measure aims to sustain the regional industrial and economic development of Malta.
COVID fiscal measure - Group Deductions
The inland revenue department has published on its website a guidance note in anticipation of the Group Deductions (Income Tax) Rules, 2022, which should be published shortly.
Tax deductions and special rates applicable for 2021
The following tax rebate and special rates can be availed of in relation to income earned in 2021.
Intrastat Obligation
At the end of last year, the Office of the Commissioner for Revenue (CfR) issued a notice whereby taxpayers were reminded of the obligation to file intrastat declarations in line with Subsidiary Legislation 406.08 and also requesting subject persons to file all pending intrastat declarations.
Micro Invest Tax Credits for Self-Employed Individuals 2022
Individuals carrying on business on a self-employed basis are invited to apply for a tax credit calculated at a percentage of the investments carried out in 2021.
Micro Invest Tax credits 2022 for companies
Companies are invited to apply for a tax credit calculated at a percentage of the cost of investments carried out in 2021.
Recent changes to the Income Tax Act, Income Tax Management Act and other fiscal measures
We prepared a list of the recent changes to the Income Tax Act, Income Tax Management Act, and other fiscal measures.
Amendments to the Companies Act
On the 26 October 2021, Act LX of 2021 was enacted, officially introducing certain amendments to the Companies Act, Chapter 386 of the Laws of Malta (the “Act”).