ONLINE GAMING IN MALTA TAXATION
The highest annual gaming tax by one licensee of any type of license is €466,000. There is also a differential gaming tax depending on the license class:
Class 1 – €4,660 monthly for the first six months, thereafter €7,000 per month.
Class 2 – for fixed-odds betting 0,5% on the gross amount of bets accepted.
Class 3 – 5% on real income.
Class 4 – the tax by a hosting platform is not paid for the first 6 months of operation, €2,330 monthly for the subsequent 6 months and thereafter; €4,660 per months for the entire license duration.
The gaming tax for Class 1 licensee operating on a Class 4 platform is €1,165 per month.
Tax Capping The maximum gaming tax payable annually by a licensee in respect of any license class is €460, 000. However, in cases where the casino operators (under Class 1) operate from the host platform (under Class 4 license), the cap tax is applicable to the total tax payable by all licensees in this cluster together. In other words, in this case the cap tax is reached when the sum of tax payable by all casino operators licensed under Class 1 and their common host platform reaches €460, 000.
Corporate tax for companies in Malta is 35% on profit. However, shareholders of Malta-registered companies may apply for a refund amounting to six-seventh of the tax paid by the company. For shareholders non-resident in Malta, for tax purposes, this means that the effective rate of tax is 5% on profit.
For more information on Malta online gaming licensing and sample application forms, please visit LGA.
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