On 29th March 2018, Malta has published the Budget Measures Implementation Act, 2018 (Act No. VII of 2018) in the Official Gazette.
Some of the Key measures are introduced as the minimum holding percentage for the participation exemption for dividends is reduced from 10% to 5%; a new provision is added to provide for a deduction not exceeding a percentage of qualifying income derived from qualifying intellectual property; the rules for the deduction of capital expenditure on intellectual property are amended; and an additional reporting requirement is introduced requiring that a report of investment income payments made during a year must be submitted by 31 January of the following year.
