convention between malta and netherlands in respect of curaçao for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income

On 18th November 2015, Malta and the Caribbean island of Curaçao have signed a convention for the avoidance of double taxation and the prevention of fiscal evasion with respect of taxes on income.  The agreement was signed by Malta’s Finance Minister, Edward Scicluna, and his counterpart from the constituent country of the Kingdom of the.. read more →


Highly Qualified Persons (Amendment) Rules, 2015

EEA or Swiss nationals who benefit from the Highly Qualified Persons rules are eligible for a one-time extension of five years to their qualifying period. These persons may benefit from such rules for a maximum period of ten years. This extension is not available for persons who were resident in Malta before 1st January 2008. The Highly.. read more →


Rent Arrears Scheme

The deadline of the rent arrears scheme is 30th June 2015.  Such rental arrears scheme is applicable in relation to undeclared rental income earned during calendar years 2005 to 2012.  Such undeclared rental income may be declared and a flat tax rate of 15% is to be paid on such undeclared rental income.  Such 15%.. read more →


Personal Retirement Scheme Rules 2015

Amendments to the Personal Retirement Scheme Rules, were issued in 2015, through Legal Notice 117 of 2015, that have raised the maximum amount of tax credit in relation to any personal retirement scheme or policy of insurance provided for by Article 57(1)(b) of the Income Tax Act from €150 to €300.  This Legal Notice has.. read more →


Double Tax Treaty between Malta and United States of Mexico

The double tax treaty with respect to the avoidance of double tax and the Prevention of fiscal evasion in relation to tax on income between Malta and the United States of Mexico has entered into force on 9 August 2014 as a result of Legal Notice 332 of 2014. read more →