Malta vs Romania

35

16

After nine months from the end of the accounting period, or by 31 March following the tax year (even though the Maltese tax authorities typically extend this deadline by one to two months for electronically submitted cases), whichever is later.

If the accounting year is equal to the calendar year, the annual CIT declaration form should be due by March 25 of the following year; for cases where the accounting year is different from the calendar year, the annual CIT declaration form should be due on the 25th day of the third month after the end of the company's accounting year. Quarterly CIT declaration forms should be submitted by the 25th day of the next month for the first, second, and third quarters.

The deadline for submitting tax returns (the electronic submission extension does not apply to tax filing) is also due.

The final payment of CIT is usually due on the 25th of the third month after the end of the company's fiscal year.

In general, temporary taxes are paid every four months: April 30, August 31, and December 21. However, there are also some exceptions, and the due date for tax payment may be postponed.

Quarterly installments should be paid by the 25th of the first month after the first, second, and third quarters.

0/15/0

16/NA/NA

0/0/0

16/16/16

18

21

Regarding the tax rate on capital gains, please refer to the Malta Corporation Tax Summary.

Capital gains are constrained by the normal corporate income tax rate.

28.80%

14.41%

-9.75%

6.41%