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Taxation in Malta is levied by the State and it is administered by the Commissioner for Tax and Customs (il-Kummissarju tat-Taxxa u d-Dwana). The total tax revenues in 2014 amounted to €2.747 Billion, which represents 34.6% of the Maltese GDP. [1] The main sources of tax revenue were value-added tax, income tax, and social security contributions.
The economy of Malta is a highly industrialised service-based economy. It is classified as an advanced economy by the International Monetary Fund [ 28 ] and is considered a high-income country by the World Bank [ 29 ] and an innovation-driven economy by the World Economic Forum . [ 30 ]
The Labour Party was re-founded in 1949 as a successor to the Labour Party founded in 1921. Paul Boffa, Leader of the Labour Party and prime minister since 1947, resigned and left the party because of serious disagreements with his Deputy Dom Mintoff which had led to a series of cabinet crises. Boffa formed the Malta Workers Party (MWP) while ...
Mallia also prioritizes co-productions, aiming to use Malta’s generous tax rebate to attract the expertise of European countries with a more established film industry.
A tax haven is a term, often used pejoratively, to describe a place with very low tax rates for non-domiciled investors, even if the official rates may be higher. [a][1][2][3][4][5] In some older definitions, a tax haven also offers financial secrecy. [b][6] However, while countries with high levels of secrecy but also high rates of taxation ...
2022 Maltese general election. General elections were held in Malta on 26 March 2022 to elect all members of the House of Representatives. The Labour Party, which had governed Malta since 2013, won a second term in 2017 election under then-leader Joseph Muscat. Simon Busuttil, the leader of the opposition Nationalist Party, resigned after the ...
The Maltese Government 2022–2027 is the incumbent Government of Malta (Maltese: Il-Gvern ta' Malta) as from 30 March 2022. It is the second ministry of Prime Minister Robert Abela. The Maltese government is elected through a General Election for a five-year term. The Labour Party (Partit Laburista) won a majority following a general election ...
Maltese nationality law details the conditions by which a person is a national of Malta. The primary law governing nationality regulations is the Maltese Citizenship Act (Maltese: Att dwar iċ-Ċittadinanza Maltija), which came into force on 21 September 1964. Malta is a member state of the European Union (EU) and all Maltese nationals are EU ...
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