Malta is set to introduce a new corporate tax rate in 2023, according to the Times of Malta, which could have a substantial impact on the revenue of a number of international businesses registered on the island. Quoting government sources, the outlet stated that between 18 and 20 foreign companies could pay up to three-times as much tax as they …
Read More »Tag Archives: Fitch Ratings
FATF greylisting has little impact on Malta ratings
The greylisting of Malta by the the Financial Action Task Force (FATF) has had no immediate impact on the island’s ratings or those of its domestic rated banks, according to Fitch Ratings. However, the firm did acknowledge that the greylisting demonstrates structural weaknesses in Malta’s anti-money laundering infrastructure, and the Mediterranean territory will be required to demonstrate progress on a …
Read More »