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[TAX] AMENDMENT TO ADDITIONAL TAX ON LATE PAYMENTS OF PROVISIONAL TAX

Legal Notice 304 of 2019 amends the Payment of Provisional Tax Rules and the Income Tax (Rate of Interest) Rules in Malta.

As from 1st January, 2020 additional tax to be paid on late payments of provisional tax has been amended to 0.33% per month or part thereof.

Interest charged for non-payment of tax has been amended to 0.33% per month or part therof.

For more information please contact:

Franco Falzon C.P.A. LL.M
(Managing Partner)

E: franco@ffinternational.com.mt

T: +356 2010 7771 (office)

M: +356 9989 5679 (mobile)

Profile: Franco Falzon


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