New Audit Exemption Rules
Legal Notice 139 of 2025, titled the ‘Audited Exemption Rules’ (the “Rules”), aims to relieve certain types of companies from the obligation to conduct an audit in terms of the Income Tax Management Act (the “ITMA” – Chapter 372 of the Laws of Malta). These Rules revoke the previous ‘Audit Report Waiver and Deduction Rules’ … Continued