Malta will not be introducing any component of Pillar Two in 2024

01 November 2023|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation, BEPS 2.0|Malta

Malta has opted to apply the derogation afforded by the Pillar Two Directive, allowing for a delay in implementation.
For fiscal year 2024, Malta will not introduce the Income Inclusion Rule, Undertaxed Profits Rule or a qualified domestic top-up tax.
Work on Grants and Qualified Refundable Tax Credits compatible with European Union rules and Organisation for Economic Co-operation and Development rules continues.

The Finance Minister has announced that, in 2024, Malta will not be introducing any co…

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