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The principle of fiscal neutrality is not violated unless goods or services are nearly identical and can be readily substituted for each other from the perspective of the average consumer.

The Maltese tax authorities have released comprehensive guidelines on the application of the 12% Value Added Tax (VAT) rate on the supply of custody of securities. These guidelines, effective from January 1.

The Malta Tax and Customs Administration has issued updated guidelines clarifying VAT treatment and place-of-supply rules for electronically supplied services, taking effect from October 2026. These new rules refine the interpretation of digital services under Maltese VAT law and strengthen alignment with EU VAT principles, particularly the destination-based taxation model that affects how businesses charge VAT across different jurisdictions.

As part of Malta's Recovery and Resilience Plan[i], the Government of Malta has committed to reform the governance of the judiciary, anti-corruption, anti-money laundering and the fight against aggressive tax planning.

Nonresident investment committee members of Maltese funds are subject to tax on the portion of remuneration they receive that is attributable to management services.

With effect from 1st January 2024, Payment Service Providers (‘PSPs') will face new record keeping and reporting obligations.

On December 7th 2023, the Malta's Finance Minister has issued the Nomad Residence Permits (Income Tax) Rules, 2023.

On 31December 2021, the FIAU released an intelligence factsheet on the misuse of corporate vehicles registered in Malta, primarily focusing on the concealment of beneficial ownership.

In terms of United States tax law, certain individuals are taxable on their worldwide income regardless of where they reside.

Bill No. 173 includes provisions to implement some Budget Measures for 2021.

The Qualifying Employment in Creativity & Innovation Rules were brought into force through Subsidiary Legislation 123.141, beneath the Malta Income Tax Act.

With effect from 1st January 2020, a number of amendments were introduced to the Value Added Tax Act and subsidiary legislation harmonising the so-called "Quick Fixes" rules.

Intragroup financing arrangements are a common feature in multinational groups. Loans, guarantees, and cash pooling structures offer flexibility and centralised control over liquidity.

Companies, institutions or organisations established overseas which intend to hold a conference or any other event in Malta should be aware of the possible Malta Value Added Tax implications that may arise as a result of such activity.

It may be the smallest economy in the Eurozone, but the southern European country of Malta packs quite a punch.

Malta, a sunny island nation in the Mediterranean, has been steadily growing its economy and establishing itself as an attractive destination for businesses, as well as being a wonderful place to live.

Following the decision of the European Commission endorsing Malta's tonnage tax system and the subsequent enactment of Legal Notice 128 of 2018...