Personal taxation

Basis of taxation: Persons ordinarily resident and domiciled in Malta are subject to income tax in Malta on their worldwide income and some chargeable gains.  Persons who are resident or domiciled but not ordinarily resident and domiciled in Malta are chargeable to tax in Malta on (a) income and chargeable gains arising in Malta, (b) income arising outside Malta and remitted to Malta.

Rates of tax: Individuals are charged to tax at progressive rates of 0%-35%.  A reduced flat 15% rate on remitted foreign sourced income (capital gains being exempt) is available to certain residence permit holders.