Immovable Property Account (IPA)


  • Limited to immovable property situated in Malta.
  • Profits/gains derived from alienation of immovable property or rights thereon.
  • Profits derived from:
    • rents
    • premia
    • accommodation and timeshare
    • notional rental income in respect of owner-occupied immovable property situated in Malta
    • construction and project management
    • other prescribed activities
  • Allocation of profits for notional rental income is based upon space occupied by the company in premises situated in Malta and owned by the said company, amongst other factors.
  • Profits allocated to this account are not eligible for refund of tax when distributed to shareholders.