CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. IMF Recommends Tax Reforms For Malta

IMF Recommends Tax Reforms For Malta

by Ulrika Lomas, Tax-News.com, Brussels

20 February 2020


The IMF has said that Malta should look for ways to diversify its tax base and strengthen tax revenues.

According to the IMF, Malta is highly reliant on corporate income tax revenues. This makes the Maltese tax base vulnerable to potential changes to international tax rules.

The IMF said that Malta needs to increase tax revenues in a sustainable way. It recommended that Malta prioritize a review into tax expenditures, as a potential way to broaden the tax base. It concluded that authorities should pursue reforms to revenue administration with a view to improving tax collections and compliance rates.

TAGS: compliance | tax | Malta | International Monetary Fund (IMF) | corporation tax | tax breaks | BEPS

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »