Published on Malta Chamber 2nd September 2020

The guide for 2020/2021 includes details on the taxation and business regulation regimes of 146 jurisdictions, including Malta. The new Worldwide Tax Guide 2020/2021 has been published by PKF International, giving detailed reports on the taxation and business regulation regimes of 146 jurisdictions including Malta.

Each country report outlines the major taxes applicable to businesses, plus the country’s personal tax regime, with key points compiled by PKF experts in each region. PKF International is a global network of accountancy firms – which includes the Malta outfit, PKF Malta.

“Given that a country’s tax regime is always a key factor for any business considering moving into new markets, this guide helps to answer accountancy professionals’ and international businesses’ most pressing questions when looking to expand or set up in a new jurisdiction, including around corporate tax rates, incentives for overseas businesses, whether there are double tax treaties in place, and how foreign source income might be taxed,” he said.

A statement announcing the publication said that the production of the Worldwide Tax Guide is “a huge team effort” and the result of the work of tax experts within PKF member firms across the globe. These provide the information on their respective country’s taxes, which is then included in the publication.

“This edition of the PKF Worldwide Tax Guide is even more sought after due to the current socio-economic climate we are living in, during these times of the COVID-19 pandemic, and the importance of knowledge in making good business decisions. In addition, the guide provides a very good and detailed section related to tax in Malta, which is beneficial to its readers in Malta and abroad,” said Mr Mangion.

For a copy of the Worldwide Tax Guide 2020/21, contact PKF Malta at info@pkfmalta.com, +356 2149 3041 or visit PKF Malta’s official website.