Taxation
At Parker Russell Turner, we provide tailored tax advisory services, offering expert guidance on both local and international tax matters. Our expertise covers corporate structures, individual taxation, and cross-border tax planning, ensuring compliance while maximizing available tax benefits.
Corporate Taxation
We act as tax representatives for various corporate entities, assisting them in optimizing their tax structures and benefiting from Malta’s fiscal incentives. Our Taxation department comprises experienced lawyers and accountants who specialize in corporate tax law, ensuring that our clients receive high-quality, reliable tax advice.
Our corporate tax services include:
- Tax planning and structuring
- Corporate tax compliance
- VAT registration and advisory
- Assistance with tax audits and forensic investigations
- Cross-border tax planning
Personal Taxation
We assist individuals with personal tax compliance and advisory services, ensuring they meet their local and international tax obligations. Through Parker Russell International, we offer cross-border taxation solutions, helping clients navigate tax requirements in multiple jurisdictions.
Our personal tax services include:
- Personal tax return preparation and submission
- Advisory on tax residency and status
- Assistance with overdue tax compliance
- Representation before the Commissioner for Revenue
- Support in obtaining tax refunds and liaising with the International Tax Unit
International Taxation
Malta’s tax system is attractive to both individuals and businesses looking to establish a presence in the country. As part of Parker Russell International, we offer a global tax advisory service, ensuring compliance across multiple jurisdictions while optimizing tax efficiency.
Our international tax services include:
- Cross-border tax structuring
- Double taxation relief and treaty applications
- International tax compliance and reporting
- Fiscal consolidations under the International Tax Unit
- Assistance with tax-efficient corporate structuring
Indirect Taxation
We ensure that our clients remain fully compliant with Maltese and EU VAT regulations, providing expert guidance and support in indirect taxation planning and compliance.
Our indirect taxation services include:
- VAT registration and advisory
- VAT return preparation and submission
- Assistance with VAT audits and investigations
- Intrastat reporting and recapitulative statements
Participation Exemption Holding Company Structures
Malta is a recognized hub for holding companies due to its favorable participation exemption regime. The Parent-Subsidiary Directive allows for tax-exempt dividends and capital gains under specific conditions.
A company qualifies for participation exemption if it meets any of the following criteria:
- Holds at least 10% equity in a foreign entity
- Has the right to acquire remaining equity shares
- Holds a minimum investment of €1,164,000 for at least 183 days
- Has representation on the Board of Directors
Forensic Tax Investigations & Compliance
Navigating tax audits and forensic investigations can be complex. We provide professional representation and support, ensuring our clients are well-prepared and compliant with all regulatory requirements.
Our forensic tax investigation services include:
- Representation before tax authorities
- Assistance with compliance reviews and audits
- Negotiation of tax settlements and dispute resolution
At Parker Russell Turner, our goal is to provide comprehensive tax solutions that ensure compliance, optimize tax liabilities, and support our clients’ financial success both locally and internationally.