Taxation of Cryptocurrencies in Malta
In Malta, cryptocurrencies are classified as assets for tax purposes. The legal definition of cryptocurrencies recognizes them as digital assets
Capital Gains Taxation in Malta
The taxation of capital gains in Malta is primarily governed by the Income Tax Act (Chapter 123 of the Laws
Business Expenses in Malta
Deductible Expenses Nature of Expense Conditions/Requirements Legal Basis (Article/Section) Operational Costs N/A Income Tax Act, Article 4
Business Forms and Independent Professional Statuses in Malta
Legal Forms for Companies: a. Private Limited Liability Company (Ltd): * Characteristics: Separate legal entity, limited liability for shareholders, minimum of
Corporate Income Taxes in Malta
The legal framework for the corporate income tax system in Malta is primarily governed by the Income Tax Act (Chapter
Personal Tax Deductions in Malta
Applicable Tax Deductions: a. Employment-Related Expenses: Taxpayers can deduct certain expenses related to their employment, such as uniform costs, travel
Personal Income Taxes in Malta
Personal income tax in Malta is calculated based on a progressive tax rate system. These are based on the Income
Tax Treaties of Malta
Country Date of Signing/Enactment Australia 12 February 1981 Austria 22 July 2013 Barbados 14 February 2013 Belgium 29 December
Tax Residency in Malta
According to Article 2 of the Income Tax Act, an individual is deemed a resident in Malta for tax purposes
Laws on Tax Fraud in Thailand
In Thailand, tax fraud is typically defined as any intentional act or omission aimed at evading or avoiding tax obligations.
Specific Taxes of Thailand
In Thailand, besides corporate and personal income taxes, other specific taxes imposed include: * Value-Added Tax (VAT): A tax on the
Tax Breaks for Expatriates and Digital Nomads in Thailand
Expatriates in Thailand are typically foreign nationals who relocate to Thailand for employment purposes. Thai law requires expats to obtain
Cryptocurrencies Tax in Thailand
In Thailand, cryptocurrencies are classified as digital assets for tax purposes. The legal definition of cryptocurrencies is established under the
Capital Gains Taxation in Thailand
In Thailand, capital gains refer to the profits earned from the sale or transfer of capital assets, such as real
Business Expenses in Thailand
Deductible Business Expenses Nature of Expense Conditions/Requirements Applicable Law Operational Costs Incurred in the ordinary course of business. Thai
Legal Forms of Business in Thailand
In Thailand, various legal forms for businesses can be established, each with its own characteristics, benefits, and limitations. Based on
Corporate Income Tax in Thailand
Corporate income tax in Thailand is calculated based on the net profit earned by corporations during the accounting period. The
Personal Tax Deductions in Thailand
Thailand's tax laws provide for various deductions that individuals can claim to reduce their taxable income. According to
Personal Income Taxes in Thailand
In Thailand, personal income tax is calculated based on progressive tax rates applied to the taxable income of individuals. The
Tax Treaties of Thailand
CountryDate of TreatyArmenia12 Nov 2002Australia27 Dec 1989Austria1 Jul 1986Bahrain9 Jul 1998Bangladesh9 Jul 1998Belarus2 Sep 2006Belgium29 Dec 1980Bulgaria13 Feb 2001Canada16 Jul
Tax Residency in Thailand
In Thailand, an individual or entity is considered a tax resident based on the criteria outlined in the Thai Revenue
Corporate Income Tax in Singapore
Singapore's corporate income tax (CIT) system remains a cornerstone of its pro-business environment in 2024, attracting both local
Tax Fraud in Cyprus
Tax fraud in Cyprus encompasses various actions aimed at evading or dishonestly reducing tax liabilities. These are based on The
Specific Taxes in Cyprus
* Value-Added Tax (VAT): VAT is imposed on the supply of goods and services in Cyprus. Standard VAT rate is 19%
