cONTINUE rEADING
Eurostat has published the latest figures on the taxation landscape in the EU. The summary shows that in 2011 Malta had the lowest implicit tax rate on labour: 22.7%, comparing to the EU average of 35.8%. The implicit tax rate on consumption was 19%, which was close to the EU average of 20.1%.
Malta is also among the Member States with the highest corporate income tax rate of 35% together with France 36.1% and Belgium 34% and close to the EU average personal income tax rate which in 2013 is, so far, 38.3%. At 18%, the Malta VAT rate is below the EU average of 21.3%.
