author_orbitax
Orbitax

Share This Article

Malta Draft Budget for 2017 includes Incentives for Investment in SMEs and Listed Companies

21 October 2016

|

Proposed Changes

|

Malta

On 17 October 2016, Malta's Minister of Finance Edward Scicluna submitted the draft budget for 2017 to parliament. The main tax-related measures are in relation to certain investments, including: A Risk Investment Scheme tax credit of up to EUR 250,000 for investments in small and medium-size enterprises (SMEs) registered on an alternative trading platform administered by the Malta Stock Exchange; An exemption from tax on capital gains from the transfer of shares in newly listed companies on the Malta Stock Exchange when owned prior to listing; and The possibility to claim a refund of tax withheld on dividends distributed by...