Malta has published Legal Notice 99 of 2022, containing the Interest and Additional Tax (Adjustment) Rules 2022. The adjustment rules amend the Payment of Provisional Tax Rules to provide that in respect of any period or part thereof commencing on or after 1 June 2022, the additional tax for late payment of provisional tax shall be charged in an amount equal to 0.6% for each calendar month or part thereof, which is up from the 0.33% rate provided from 1 January 2020. The adjustment rules also amend the Income Tax (Rate of Interest) Rules to provide that the rate of...