On 12 October 2015, Malta's Minister of Finance Edward Scicluna presented the budget for 2016 to parliament. The main tax related measures introduced in the budget include: Fiscal consolidation for tax purposes is introduced for groups of companies with the same ownership; An R&D tax credit of up to EUR 10,000 is introduced for taxpayers that employ individual with a doctorate in science, information technology, or engineering for at least 12 months; Taxpayers deriving rental income from the leasing of commercial property will be eligible for final taxation at the rate of 15% on gross rental income, excluding intragroup rental...