DAC6 and Disclosure of Tax Arrangements in Malta

February 24th, 2020|

DAC6 was implemented into Maltese law on 17 December 2019 through Legal Notice 342 of 2019. DAC 6 can trace its roots back to the OECD 2015 Action 12 Final Report, which provided a set of recommendations for the design of mandatory disclosure rules (MDR). Transparency is one of the [...]

Highlights of Malta’s 2020 Budget

October 14th, 2019|

Economic Highlights The Maltese economy has grown by 4.7% in the first six months of 2019 (three times more than the EU average) The size of the economy doubled to €14billion in 7years. A fiscal surplus of 1.4% is forecasted for 2020 Inflation is expected to be at 1.6 per [...]

Consolidated Group (Income Tax) Rules in Malta & Fiscal Unity

July 16th, 2019|

  On the 31st May 2019 by virtue of Legal Notice 110 of 2019, Malta has introduced rules to facilitate income tax computations and the reporting of group companies, by opting to elect to form one single fiscal unit. Unlike the provisions tackling VAT Grouping, which are solely applicable to the [...]

Have you submitted your Micro Invest Application yet?

May 6th, 2019|

What is Micro Invest? Micro Invest is a scheme made effective as from 1st January 2014 by the Malta Enterprise which shall remain available until 31st December 2020. Under this scheme, businesses are encouraged to further invest, expand and develop their operations. With Micro Invest Schemes, eligible entities will benefit [...]

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.