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MALTA VISA PROGRAM | 马耳他签证项目
BASIS OF TAXATION
The extent of an individual’s Malta tax liability is
dependent on such individual’s residence/ordinary
residence and domicile 2 .
An individual who is ordinarily resident and domiciled
in Malta, would be subject to tax on a worldwide
basis, like on their worldwide income and gains. This
typically applies to Maltese persons and/or their
spouses.
An individual resident / ordinarily resident but not
domiciled in Malta should be subject to tax in Malta
on:
• Malta source income and gains (irrespective of
where such income / gains are received);
• Foreign source income which is received in Malta;
• Foreign source capital gains should not be subject
to tax in Malta, irrespective of whether such gains
are received in Malta or not.
The above ‘source and remittance basis of taxation’
typically applies to non-Malta domiciled individuals
taking up residence in Malta (unless such individual
is a spouse of an individual ordinarily resident and
domiciled in Malta, in which case the worldwide basis
of taxation would apply).
Non-resident, non-domiciled individuals are only
subject to tax on Malta sourced income and/or gains.
Typically this source basis of taxation would apply
to non-residents or temporary residents, for example
tourists or any other individuals not resident in Malta.
MALTA TAX RATES
Malta applies progressive rates of tax from zero to 35
percent. The 35 percent rate is for chargeable income
in excess of 60,000 euros. The progressive rate tax
brackets vary depending on whether an individual is
resident/non-resident, single, married or parent.
Also, tax programs exist, in terms of which, a reduced
rate of tax of 15 percent applies on foreign source
income remitted to Malta. The tax year in Malta
applicable to individuals runs from 1 January to 31
December, with income tax returns due the following
June.
It is also important to note that Malta does not levy
wealth taxes, capital taxes, entry or exit taxes and
does not impose any domestic withholding tax on
outbound dividends, interest and royalties.