Malta has published Legal Notice No. 147 of 2024 in the Official Gazette, which contains the Income from Sports Activities Rules, 2024, which come into force as from the year of assessment 2025. The rules provide for the introduction of a flat tax rate of 7.5% on the gross amount of income earned from sports activity employment (EUR 0.075 per euro). The tax chargeable in terms of the rules is final and no set-off or refund shall be granted to any person in respect of the tax so charged.
The…