By means of Legal Notice 9 of 2024, the Government of Malta has amended the Transfer Pricing Rules (hereinafter referred to as ‘the rules’). These rules shall apply for basis years commencing on or after 1st January 2024 in relation to any arrangement entered into on or after that date. With respect to those arrangements entered into before that date, these rules shall also apply to those arrangements that are materially altered on or after that date.
However by means of the said legal notice, a further proviso has been added so that these rules shall also apply for basis years commencing on or after 1st January 2027 to any arrangements entered into before 1st January 2024 and which were not materially altered on or after that date.
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