Malta Tax Agency Provides Guidelines on Reduced VAT Rate for Credit Management and Guarantees

• Malta Inland Revenue has issued guidelines on the reduced VAT rate for credit management and guarantees
• The reduced VAT rate is 12 percent and applies to individuals and entities managing credit and credit guarantees
• The person granting the credit is exempt from VAT on the management of credit and credit guarantees

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.