Tag Archives: Malta

Malta: copyright royalty exemption now in force

Malta has brought into force the copyright exemption announced in the Budget last November. The Budget Measures Implementation Act (pdf – English version starts about 40 pages in) amended Article 12(1)(v) of the Income Tax Act to exempt royalties, advances and similar income derived from copyright (whether from a trade, investment or otherwise).

Malta: new patent royalty exemption

The Maltese Government approved a number of changes to their tax laws on 16th April 2010 – of particular interest on IP is the news that, with immediate effect, royalty and similar income derived from qualifying patents in respect of inventions will be exempt from Malta income tax (subject to conditions still to be announced, including a cap on the maximum amount that may be exempted – and the EU may well have some comments on the matter).

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