Malta is an attractive destination for business and investment, in part by virtue of its full imputation system, which prevents double taxation; a tax refund system that allows shareholders in receipt of dividends of a Maltese company to claim refunds for taxes; and a double-tier structure that allows taxpayers to defer foreign tax charges without incurring any further tax in Malta.
The minister of finance, economy and investment recently delivered the 2012 budget speech and announced a number of fiscal measures aimed at incentivising investment and business, among other things. A significant number of fiscal incentives will be introduced with the aim of further encouraging investment in Malta, as well as attracting the necessary talent required to encourage growth in key areas.
The minister of finance, economy and investment recently delivered the 2011 budget speech and announced a number of fiscal measures aimed at incentivising internationalisation, investment and business, among other things. The measures are being introduced against a backdrop of positive economic growth as a result of strong export performance and development in the domestic sector.
In the recently delivered 2010 Budget Speech the minister of finance announced a number of fiscal measures aimed at incentivizing investment and business. Among other things, the measures are intended to promote investment, research and development and environmental protection, and to tighten anti-abuse provisions to prevent certain aggressive tax-planning schemes.