Malta: Guidance on implementation of Pillar Two global minimum tax
Guidance addresses option to defer implementation of parts of EU Directive and compliance obligation of local entities affected by EU Directive
Guidance on implementation of Pillar Two global minimum tax
The Malta Tax and Customs Administration (MTCA) issued a Guidance Note [PDF 262 KB] regarding implementation of the EU Minimum Tax Directive, which was enacted on 20 February 2024 through the publication of Legal Notice 32 of 2024. Read EuroTaxFlash
The guidance—effective for fiscal years beginning from 31 December 2023—addresses Malta’s option to defer implementation of parts of the EU Directive and the compliance obligation of local entities affected by the EU Directive.
Read a March 2024 report prepared by the KPMG member firm in Malta
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