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The OECD Pillar 2 measures which introduces a global minimum effective tax of 15% for companies forming part of MNEs (Multi-National Enterprises) with a combined...

The Malta Permanent Residence Programme (MPRP) and Global Residence Programme (GRP) serve distinct purposes under separate legal frameworks—one grants permanent residence rights, the other provides special tax status with a 15% flat rate on remitted foreign income. Understanding how these programmes interact, which property investments qualify for both, and whether pursuing them simultaneously makes financial sense requires careful analysis of individual circumstances and income profiles.

The Budget Implementation Act, 2025 (the "Act") introduces amendments to the Income tax Act, the Income Tax Management Act, the Duty on Documents and transfers Act, and the VAT Act.

The Minister of Finance delivered the 2025 Budget Speech on 28 October 2024, announcing that the Maltese economy has grown by 5.9% in real terms in the first 6 months of 2024.

Malta has consolidated its special tax status schemes into a single framework effective January 2027, offering four distinct categories for foreign residents. Each category provides a flat 15% tax rate on foreign-source income remitted to Malta, with varying minimum annual tax obligations and eligibility requirements based on nationality and income source.

The Budget Measures Implementation Act 2020 contains several amendments to fiscal legislation.

The Budget for the 2024 legislature was presented to the Maltese Parliament on the 30th of October 2023, against a backdrop of momentous global economic influences...

On 5 January 2026, the OECD released long-awaited administrative guidance on the “Side-by-Side” system (SbS system) under the Pillar Two global minimum tax rules. The 88-page guidance package introduces four new safe harbours, extends the transitional Country-by-Country Reporting (CbCR) safe harbour and implements the SbS system agreed by the G7 and the US on 28 June 2025.

The global tourism industry was brought to a halt as COVID-19 restrictions saw holidays being cancelled ‘en masse' last year.

Persons ordinarily resident and domiciled in Malta (including companies incorporated in Malta) are chargeable to tax in Malta on a worldwide basis in terms of the Income Tax Act, Chapter 123 of the laws of Malta (the ‘ITA’).

Not many UK citizens who are in receipt of a pension in the UK know that in terms of the Double Taxation Relief (Taxes on Income) (United Kingdom of Great Britain and Northern Ireland) Order, 1995 (Articles 18 and 19(2)), UK citizens who take up residence in Malta can have their pensions remitted to them in Malta free of any UK income tax.

The first budget to be completely drafted by Malta’s new government was presented to parliament by Malta’s Finance Minister, Prof Edward Scicluna.

The budget speech was delivered by Professor Edward Scicluna, Minister of Finance, on the 17th October 2017 with the title of ‘Malta: Wealth to reach Everyone'.

It also offers special tax status by setting the personal tax rate on employment income generated in Malta at 15%.

Malta offers 9 residence programmes to meet different individual circumstances. Some are appropriate for non-EU individuals while others provide an incentive for EU residents to move to Malta.

The Malta Budget, delivered by the Minister for Finance and Employment, Hon. Clyde Caruana, took place on the 24th of October 2022. Here is a summary of the key highlights from Malta Budget 2023.

The Hon. Minister of Finance Prof. Edward Scicluna, presented his 2014 Budget speech on 4 November 2013.