Malta’s Revenue has released the election form for the optional final income tax system, with a 28 November 2025 deadline.
Malta’s Commissioner for Revenue has made the election form available for companies wishing to opt into the final income tax system without imputation. The announcement was made on 9 October 2025.
The new regulations introduce an optional tax system allowing certain entities to pay a final income tax on their chargeable income instead of using Malta’s standard full imputation system. Under this system, the effective tax rate for eligible multinationals will rise from 5% to 15%. This change affects around ten companies with a global annual turnover above EUR 750 million and aligns Malta with the EU’s global minimum tax for large multinational corporations.
The deadline for submitting the election form for the Year of Assessment 2025 is 28 November 2025.
Earlier, Malta’s government issued Legal Notice 188 of 2025, titled the Final Income Tax Without Imputation Regulations, 2025, under Article 22B of the Income Tax Act on 2 September 2025.
