The following are subject to income or capital gain in Malta:
- Interest income earned on Savings Accounts, Me Accounts and Fixed Term Deposits.
- Coupons paid on bonds’ holdings.
- Dividends paid on equities, ETFs and funds’ holdings.
- Capital gains earned from the sale of international securities.
MeDirect will pay your income/trade consideration net of withholding tax due and remit the withholding tax to the Maltese tax authority where applicable. Please note that the information above is for guidance purposes only. We advise you to consult your tax advisor in order to get more specific advice and to assess your overall tax position.