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On Wednesday 18th March the Prime Minister announced the third wave of fiscal measures to support commercial entities and safeguard employment. An online site will be launched by Malta Enterprise which will help companies and self employed persons determine which fiscal measures they are eligible to claim based on their VAT Number and NACE […] 
By virtue of LN 110 of 2019, the Maltese income tax system introduces the consolidation of income tax returns of the parent and its subsidiaries. Subject to certain conditions being met, a parent and its subsidiaries will become one “Fiscal Unit” for income tax purposes and file only a single tax return with the […] This article was penned by Mr Marvin Gaerty who currently serves as Commissioner for Revenue. He heads all the Revenue Departments including Inland Revenue, Vat and Customs. We are reproducing this for your quick reference since it gives a good summary to understanding the current property tax regime. Background ACT No. XIII of 2015 (Budget […] This article was penned by Mr Marvin Gaerty who currently serves as Commissioner for Revenue. He heads all the Revenue Departments including Inland Revenue, Vat and Customs. We are reproducing this for your quick reference since it gives a good summary to understanding the current property tax regime. BACKGROUND On 17 March 2006 legislation was […] |
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