Have you missed part 1 of this mini-series which delved into the pros and cons of forming a Fiscal Unit? Check it out here! Statutory conditions   1. The Consolidated Group (Income Tax) Rules (the “Rules”) have introduced the possibility for a group of companies (as defined) to elect to be treated as one single … Continued

With the introduction of Legal Notice 110 of 2019, Malta introduced the Consolidated Group (Income Tax) Rules (“the Rules”). These Rules have made it possible for a group of companies to elect to be treated as one single taxpayer – a fiscal unit. The parent company would be the so-called principal taxpayer and the subsidiary/subsidiaries forming … Continued