Malta Gazettes Rules on Reduced Income Tax Rate for Highly Skilled Individuals

The Maltese Official Gazette Jan. 23 published Legal Notice No. 20/2026, the Tax Treatment of Highly Skilled Individuals Rules, 2026, establishing a 15 percent reduced income tax rate for qualifying employment income earned in Malta. The rules include measures: 1) applying the reduced rate to income from qualifying employment contracts for eligible employees, not including fringe benefits, of at least 65,000 euros (US$77,685); 2) increasing the minimum income by 10,000 euros (US$11,949) every five years, effective from Jan. 1, 2027; 3) specifying conditions, including proof of qualifications, living in accommodations located in Malta, and lack of domicile in Malta; 4) ...