New Beneficial Maltese Tax Regime to Attract Financial Services Professionals

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By virtue of recent tax legislation, highly qualified individuals in receipt of employment income from an eligible office will be subject to a flat rate of tax of 15% on their employment income instead of the progressive rates of tax which are capped at 35%.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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