Maltese Taxed Account (MTA)
Any profits of a company that are not included in the foreign income account and:
- which have suffered tax ; or (ex. trading profits which have been subject to tax in Malta)
- which have been exempt from tax under the provisions of any Maltese law and where the distribution of such profits by the company is also exempt from tax in the hands of the shareholders. This requirement shall cease to apply with effect from year of assessment 2008.