News & Views

OECD Highlights Quality of Maltese Tax Framework

03 October 2013

A peer review report published by the OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes has concluded that Malta is in full conformity with the international transparency standards and exchange of information requirements for tax purposes. The aim of the report is to analyze the level of implementation reached in...

Micro Loan Guarantee Regulations

03 October 2013

The Micro Loan Guarantee Regulations, 2013 were published by means of L.N. 101 of 2013 whereby an eligible enterprise carrying on or carrying out, or intending to carry on or carry out in Malta a qualifying activity, which fails to obtain a conventional loan from an authorised bank, may be considered by the Malta Enterprise Corporation to be...

Malta-Turkey & Malta-Ukraine Double Taxation...

02 October 2013

In 2011 Malta and the Republic of Turkey signed a Double Taxation Agreement (DTA) which refers to Taxes on Income. The DTA will come into effect shortly, precisely in January 2014. Moreover, on 4th September 2013 Malta and Ukraine also signed a tax treaty. Republic of Turkey Interest 10 per cent withholding tax on interest Royalties 10 per cent...

Malta Retains Top 20 Placing in WEF Report

01 October 2013

The Global Competitiveness Report 2013 -2014 published recently by the World Economic Forum ("WEF") has confirmed Malta's placing among the top 20 financial services jurisdictions. The Report takes into account the various factors that can help determine a country's competitiveness and helps identify the levels of prosperity that a country makes...

Malta on Time and in Line with Rules for Hedge...

30 September 2013

16 of the 28 EU Member States failed to hit the July 22 deadline for the alternative investment directive forcing fund companies in non-compliant states to halt alternative fund sales to certain countries or risk falling foul of their regulators. Research by KPMG also hints that some Member States still face a long road to full implementation of...