Year: 2019

Patent Box Deduction Rules Confirmed “Not Harmful” by the OECD

The Inclusive Framework on BEPS approved for the first-time results on the review of the substantial activities factor for no or only nominal tax jurisdictions. In addition, updates to the results of reviews of preferential tax regimes conducted in connection with BEPS Action 5 on Harmful Tax Practices were approved.Four new regimes were classified as […]

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Renting as a housing alternative in Malta – New rent regulations proposed

The Maltese Government’s push for reform in the rental property market has resulted in new regulations being proposed with the stated intention of stabilising and further regulating a market which was loosely regulated when compared to other markets in Malta.If approved by Parliament, the new rent regulations are expected to come into force on 1st […]

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The Importance of Substance

With all the changes being carried out at OECD level, the requirement for an operation to have substance in the country where such operations are carried out has become of utmost importance and should be planned seriously. Substance was always a very important matter, however, this has significantly increased once the OECD presented its action […]

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