International tax planning for Maltese companies

Abstract

Globalisation is inevitable, and so is international tax planning. International tax planning is a regular feature of business life that involves the quantification of the tax cost of carrying out foreign transactions, and the arrangement of the tax affairs so that no more tax is payable than is strictly necessary. The study is directed at the domestic and international tax considerations that are of concern to Maltese companies earning foreign-source income, and to Maltese companies that plan to engage in an outward-bound investment. The study analyses the taxation of Maltese companies on their foreign-source income, within the context of international tax planning. It provides a conceptual framework for tax related issues that companies face when operating overseas, whilst focusing on the integration of tax planning with corporate and financial planning.