On 22 October 2018, Malta's Minister for Finance, Edward Scicluna, presented the Budget for 2019. The Budget includes several measures to be implemented for 2019, including measures to comply with the EU Anti-Tax Avoidance Directive (ATAD). These include:

• The introduction of a 30% of EBITDA interest deduction restriction with a EUR 3 million safe harbor and excess interest allowed to be carri…