Malta published Legal Notice No. 32 of 2024 in the Official Gazette on 20 February 2024, which contains the European Union Global Minimum Level of Taxation for Multinational Enterprise Groups and Large-Scale Domestic Groups Regulations 2024. The Regulations transpose the provisions of Council Directive (EU) 2022/2523 of 14 December 2022 laying down rules on ensuring a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the Union (previous coverage). However, because Malta has opted to defer the application of the main global minimum tax rules, the income inclusion rule (IIR) and the undertaxed payment/profit rule...