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Malta will not be introducing any component of Pillar Two in 2024

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Malta

  • Malta has opted to apply the derogation afforded by the Pillar Two Directive, allowing for a delay in implementation.
  • For fiscal year 2024, Malta will not introduce the Income Inclusion Rule, Undertaxed Profits Rule or a qualified domestic top-up tax.
  • Work on Grants and Qualified Refundable Tax Credits compatible with European Union rules and Organisation for Economic Co-operation and Development ru…

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