HomePage Contact Us About Us Advertise with us
Custom Search
Malta Tax News












V.A.T on Electronic Books

April 2015
The V.A.T. on electronic books was reduced from previous 18% rate to 5%, the same rate imposed on paper books in Malta.
The new V.A.T. rate applies retroactively from January 1, 2015.


Malta India Tax Treaty


March 2014
The 2013 double tax treaty, DTA, between the two countries entered into force on February 7, 2014.
According to the tax treaty dividends paid by an Indian company are subject to 10% withholding.
The withholding rate for payments of interest and royalties are 10% too.
The tax treaty will apply in India starting April 1, 2014 and in Malta starting January 1, 2015.


Malta Saudi Arabia Double Tax Treaty


January 2012
Malta and Saudi Arabia signed on January 4, 2012 a treaty for prevention of double taxation between the two countries.
The treaty is expected to boost future business ties between the countries.


Malta Israel New DTA


August 2011
Malta and Israel signed on July 29 a new double tax treaty. The DTA is expected to strengthen the economic ties between the two countries.
According to the Maltese foreign ministry Malta imported in 2010 EUR 8.3 from Israel, mainly mineral fuels, while the import from Israel was EUR 3.8.
Malta's exports to Israel in 2010 improved by 58% compared to the previous year.


Malta 7% V.A.T. Rate


November 2010
The Maltese finance minister announced an increase of the reduced V.A.T. rate on accommodation.
The increase will take effect on January 1, 2011.


Malta Bahrain Double Taxation Treaty


April 2010
Malta and Bahrain signed on April 12, 2010 a new double taxation agreement, DTA.
The new tax agreement is in line with the OECD model regarding exchange of tax information.


Malta Tax Amnesty


September 2009
The Maltese finance minister announced on September 4, 2009 a tax amnesty for defaulters. The total income tax due for over 60 years is about EUR 60 millions.
For debts from 1998 onwards taxpayers will enjoy a 90% reduction on interest and fines. For debts prior to 1997, when the system was not computerised, the reduction will amount to 25% of the balance due.
The applicants for the voluntary plan have to apply by January 15, 2010.


Malta's law regarding medical treatment violates EU laws


January 2009
Malta's court finds Malta's system of prior authorisation to free medical treatment abroad in violation of EU law.
The court has ordered the government to pay nearly EUR 75,000 to a Maltese patient after refusing authorisation to free medical treatment abroad.


Malta's Budjet 2009


November 2008
Malta's finance minister presented on November 3, 2008 the 2009 budget.
The target of achieving a balanced budget will be moved by one year, from 2010 to 2011.
Excise tax on unleaded petrol and diesel will increase, while excise taxes duties on spirits will be reduced, bringing the rates closer to Italy.
Travellers departure tax will be abolished from 1.11.2008.
Income tax rates for individualswill remain unchanged, but the tax bands will be raised.
A tax holiday will be granted to women joining the labour market, for each child under 16 years old.


Malta and U.S. Double Taxation Treaty


August 2008
Malta and the U.S. signed a new tax treaty on August 8, 2008.
The treaty provides for elimination of withholding on dividend payments to pension funds.
The withholding tax rates for interest royalties and other income are 10%.


Malta Income Tax


JANUARY 2007
In 2007, Malta's corporate tax rate remains the same as in 2006, 35%.
For individuals, the tax rates for 2007 are 15%, 25% and 35%.
The tax exempt income for individuals in 2007 is MTL 3,250.


Malta Income Tax


OCTOBER 2006
  • According to Malta's 2007 budget the personal tax exempt income would be MTL 3,250, compared to MTL 3,100 in 2006.
  • There would be only 3 tax rates for individuals, 15%, 25% and 35%, compared to the present 5 tax rates in 2006.


Malta Income Tax


JANUARY 2006
From 1.1.2006 individuals having an employment income ,derived mainly outside Malta, will pay in Malta, subject to certain conditions, a flat income tax rate of 15%.

Malta V.A.T.


JANUARY 2004
From 1.1.2004 the new standard v.a.t rate in Malta is 18%(previous rate-15%).






World Tax updates and news | Albania Tax updates and news | Argentina Tax updates and news | Armenia Tax updates and news | Australia Tax updates and news | Austria Tax updates and news | Azerbaijan Tax updates and news | Bahamas Tax updates and news | Bahrain Tax updates and news | Barbados Tax updates and news | Belarus Tax updates and news | Belgium Tax updates and news | Bermuda Tax updates and news | Brazil Tax updates and news | Bulgaria Tax updates and news | Canada Tax updates and news | Chile Tax updates and news | China Tax updates and news | Colombia Tax updates and news | Croatia Tax updates and news | Cyprus Tax updates and news | Czech Republic Tax updates and news | Denmark Tax updates and news | Egypt Tax updates and news | Estonia Tax updates and news | Ethiopia Tax updates and news | EU Tax updates and news | Finland Tax updates and news | France Tax updates and news | Georgia Tax updates and news | Germany Tax updates and news | Gibraltar Tax updates and news | Greece Tax updates and news | Guernsey Tax updates and news | Hong Kong Tax updates and news | Hungary Tax updates and news | Iceland Tax updates and news | India Tax updates and news | Indonesia Tax updates and news | Ireland Tax updates and news | Isle of Man Tax updates and news | Israel Tax updates and news | Italy Tax updates and news | Jamaica Tax updates and news | Japan Tax updates and news | Jersey Tax updates and news | Kazakhstan Tax updates and news | Kuwait Tax updates and news | Latvia Tax updates and news | Lithuania Tax updates and news | Luxembourg Tax updates and news | Malaysia Tax updates and news | Malta Tax updates and news | Mexico Tax updates and news | Moldova Tax updates and news | Montenegro Tax updates and news | Morocco Tax updates and news | Netherlands Tax updates and news | New Zealand Tax updates and news | Nigeria Tax updates and news | Norway Tax updates and news | Oman Tax updates and news | Panama Tax updates and news | Peru Tax updates and news | Poland Tax updates and news | Portugal Tax updates and news | Qatar Tax updates and news | Romania Tax updates and news | Russia Tax updates and news | Saudi Arabia Tax updates and news | Serbia Tax updates and news | Slovakia Tax updates and news | Slovenia Tax updates and news | South Africa Tax updates and news | South Korea Tax updates and news | Spain Tax updates and news | Singapore Tax updates and news | Sweden Tax updates and news | St. Lucia Tax updates and news | Switzerland Tax updates and news | Taiwan Tax updates and news | Tajikistan Tax updates and news | Thailand Tax updates and news | Tunisia Tax updates and news | Turkey Tax updates and news | UAE Tax updates and news | U.K. Tax updates and news | Ukraine Tax updates and news | U.S. Tax updates and news | Uzbekistan Tax updates and news | Vietnam Tax updates and news

Go Back

© All copyrights reserved

Malta Homepage | Security Policy | Terms of Service