New Philanthropic Organisations Exempt from Income Tax

By means of LN 167 of 2019, the Government of Malta has named five new organisations as being engaged in philanthropic work, and thus exempt from income tax in terms of Article 12(1)(e) of the Income Tax Act.  The organisations are:  ALS Malta Foundation Fondazzjoni Arka Zghazagh Azzjoni Kattolika ZAK DO Project The Arnaud Guesry […]

Written By ACT Team

On July 25, 2019
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By means of LN 167 of 2019, the Government of Malta has named five new organisations as being engaged in philanthropic work, and thus exempt from income tax in terms of Article 12(1)(e) of the Income Tax Act.  The organisations are: 

  • ALS Malta Foundation
  • Fondazzjoni Arka Zghazagh
  • Azzjoni Kattolika
  • ZAK DO Project
  • The Arnaud Guesry Foundation 

How can we help?  

 

For further information, please contact us on [email protected]. ACT can help you understand the changes to the income tax, accounting, corporate and VAT rules and how these can impact your business.   

 

Apart from its offices in St. Julian’s Malta, ACT operates from a second office in Gozo, which is situated in the capital city of Victoria.  For an appointment in our Gozo office, please call on +356 21378672 or send us an email on [email protected]. 

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