General information – types of securities, deadlines, other market specifics – Malta
Withholding tax services
Relief at source and reclaim of withholding tax are not currently available through LuxCSD.
Debt securities | Holding restriction? | Withholding | Relief at | Quick | Standard |
No | 15% a | ||||
Non-resident residents (0%) | Yes | No | No | ||
Residents of Malta – individuals (15% a or 0%) | Yes | No | No | ||
Maltese residents – legal entities other than funds (15% a or 0%) | Yes | No | No | ||
Maltese residents – legal entities – prescribed investment funds (10%) | Yes | No | No | ||
Maltese residents – legal entities – non-prescribed investment funds (0%) | Yes | No | No | ||
Undisclosed (15%) | No | No | No | ||
a. Even if clients hold Maltese debt securities on behalf of a Maltese tax resident beneficial owner that is subject to the maximum default withholding tax rate of 15% through LuxCSD, the respective client must disclose to LuxCSD the details of the beneficiary resident in Malta since such disclosure is required by the local Central Security Depository for reporting purposes.
Equities | Holding restriction? | Withholding | Relief at | Quick | Standard |
No | 35% | ||||
All | No | No | No | ||
Types of securities
The eligible securities issued in Malta are as follows:
- Government bonds;
- Treasury bills;
- Domestic corporate bonds;
- Ordinary shares.
Capital gains tax
There is no capital gains tax withheld through LuxCSD on securities held in LuxCSD. Malta currently does not impose a tax on capital gains.
Stamp duty
There is no stamp duty withheld through LuxCSD on securities held in LuxCSD.