We use cookies to provide you with the best possible experience. By using Orbitax's services, you agree that we may store cookies on your device. Cookie Policy.
The AI assistant for tax questions
Track worldwide tax law changes daily
Cross-border tax analysis and data
Unify and empower your entity management
Provides compliance steps, forms & rates
Visualize and manage your entity data
Comprehensive compliance management
Audit and global tax controversy tracking
Manage reportable cross-border arrangements
Country-by-country reporting & compliance
Pillar 2 planning, reporting and compliance
Calculate US tax impact of foreign operations
Automated workflows for recurring tax tasks
Secure API connections to 3rd-party systems
Secure storage for your tax documentation
Automated tax workflows with secure APIs.
Collaborate securely on your tax data
Share This Article
|
|
Malta's Ministry for Finance and Employment has issued a release in relation to the repayment of taxes that were eligible under the Tax Deferral Scheme that was provided in response to the COVID-19 pandemic. The release provides that taxes deferred under the scheme may be repaid over a period of 30 months beginning June 2022, without interest. If the repayment of deferred taxes is not completed by December 2024, outstanding amounts due will be subject to interest as if the scheme did not apply. It is also noted that businesses are expected to pay taxes normally for the current periods....