The Commissioner for Revenue is responsible for the administration and collection of income tax (including Capital Gains & Tax on Property Transfers), Duty on Documents & Transfers, Value added Tax and Customs & Excise duties and is also responsible for the collection of Social Security Contributions.
While the personal income tax rates currently being applied may be found here, it is important to note that the extent to which these are levied depends on and individual’s domicile and residence status.
Maltese companies are subject to a flat rate of 35% tax on, however as Malta implements a full tax imputation system, designed to eliminate any double taxation that might arise on the distribution of such dividends, this means that, following the distribution of dividends, shareholders are entitled to a refund of part or of all the tax paid by the company. Depending on how the company generated its profits, a shareholder may be entitled to claim a refund be equivalent to either 2/3rds, 5/7ths, 6/7ths or 100% of the income tax paid.