Malta enjoys a flexible and sophisticated local tax regime. It is the only EU member state to operate a full imputation system. This means tax paid by a company essentially remains a pre-paid tax on behalf of the shareholders’ tax liability.
Under the refundable tax system, tax is paid by a company registered in Malta on its profits. When a company distributes its profits to shareholders, irrespective of where they are based, the shareholders are entitled to receive a refund of a substantial part
The week on Risk.net, July 14–20, 2017Receive this by email