New income tax rules impacting upon the allocation of company profits to tax accounts - September 2008

 This Newsalert sets out some brief notes in respect of the new rules on tax accounting, which have been introduced in Malta’s income tax system.  It also highlights new information that is required for the compilation of a company’s income tax return on a year-by-year basis, in most cases as from year of assessment 2008 (basis year 2007).