Malta Tax of Permanent Residents - Budget 2003

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December 03 08:46 2015 by The Editor Print This Article

 


2003

Changes in Taxation of Permanent Residents

 

Annual Income Remitted to Malta (unchanged):

 

New Taxation system from 1/1/2003:

Permanent Resident Family inc. dependants:

Assessed to tax on a minimum of Lm12,000 annual taxable income (w/o deductions) at the same rate of 15%.