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 | 0% / 15%a | ||||
Non-resident residents | No | No | No | ||
Residents of Malta | No | No | No | ||
Equities | Holding restriction? | Withholding | Relief at | Quick | Standard |
No | 35% | ||||
Residents of a Double Taxation Treaty (DTT) country | No | No | No | ||
Residents of Malta | No | No | No | ||
a. 1. 0% withholding tax is applied, by default, on coupon payments from Maltese debt securities. However, even if no withholding tax is withheld by default, customers must disclose, to LuxCSD, per income payment, all Maltese beneficial owners that are not eligible for tax exemption, as certain Maltese tax resident beneficial owners are subject to taxation.
Types of securities
The eligible securities issued in Malta are as follows:
- Government bonds;
- Treasury bills;
- Domestic corporate bonds;
- Ordinary shares.
Types of beneficial owner
The following types of beneficial owner of Maltese securities are recognised for tax purposes in Malta:
- Residents of Double Taxation Treaty (DTT) countries
- Non-resident beneficial owners;
- Residents of Malta.
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.