Malta Publishes Budget Act for 2018 including Amendments to Participation Exemption and IP Cost Deductions and New Deduction on IP Income

Malta has published the Budget Measures Implementation Act, 2018 (Act No. VII of 2018) in the Official Gazette. Some of the main measures include:
- The minimum holding percentage for the participation exemption for dividends is reduced from 10% to 5%;
- The rules for the deduction of capital expenditure on intellectual property or intellectual property rights are amended to clarify that such exp…