25 November 2022
The Commissioner for Revenue has issued a list of stock exchanges which are recognised by the Commissioner for the purposes of Income Tax Act and Duty on Documents on Transfers Act, and as a result, no tax should be levied on capital gains earned by a person not trading in stocks or shares listed under the following stock exchanges:
- Stock exchanges that are members of the World Federation of Stock Exchanges
- The New York Stock Exchange
- Stock exchanges that are included in the register of regulated markets within the European Economic Area maintained by the European Securities and Markets Authority (ESMA)
The guidelines can be found at https://cfr.gov.mt/en/inlandrevenue/legal-technical/Documents/Recognised%20Stock%20Exchanges.pdf
For more information, contact us on +356 21666690 or email us on office@stevengalea.com
