Malta announces accelerated tax deductions for intellectual property

24 January 2024|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation, Media & Entertainment, Technology|Malta

Malta now allows accelerated tax deductions on capital expenditures on intellectual property.
This is applicable to both existing and new intellectual property.

In a 28 December 2023 press release, the Commissioner for Revenue announced new accelerated tax deductions for certain capital expenditures on "Intellectual Property or Intellectual Property Rights."

Details

Beginning with the period covered by the year of assessment 2024, a person who has made a capital expenditure on Intellectual Pro…

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