Monica Galea John and Maria Debono, from the Corporate and Commercial Department at Fenech & Fenech Advocates, together with Nadine Farrugia, Head of Accounts, and Shawn Galea, Technical Officer from the Tax Department at Fenlex, delivered a training session covering the legal, corporate, accounting, and tax aspects of Partnerships en nom collectif and Partnerships en … Continued
Highlights Malta is currently in discussions with the European Commission to introduce Qualifying Refundable Tax Credits (QRTCs). A visa for esports athletes will be introduced to facilitate their relocation to Malta. A new law on limited partnerships is expected to be enacted. The reduced stamp duty rate of 1.5% on the inter-vivos transfer of … Continued
William Cassar, Head of Tax at Fenlex Corporate Services, will be attending the Quaynote conference, “Understanding Superyacht & Business Jet Tax”, on October 15th in Barcelona, Spain. He will also moderate Session Six, focusing on the ‘Use and Enjoyment Principle across the EU’. Read more: Understanding Superyacht & Business Jet Tax – Quaynote Communications
William Cassar, Head of our Tax team, will be attending the EU-Startups summit between the 9-10th of May, at the Mediterranean Conference Centre (MCC) in Valletta.
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
A deep dive into the Malta Budget 2024.