Malta Budget 2017
Deloitte Malta presents a summary and analysis of the Malta Budget 2017 speech presented to the House of Representatives by the Hon. Prof. Edward Scicluna, Minister of Finance on 17 October 2016.
The Minister also announced that legislative measures shall be introduced in the areas of insurance, collective investment schemes and securitisation in order to ensure that Malta’s financial services sector shall continue to develop.
In 2017, the Gaming Authority will be launching a reform of its regulatory framework, intended to address the industry’s needs and provide it with the tools to achieve its objectives. A European Gaming Institute of Malta will be set up to ensure that persons working in the gaming industry possess the required specialised expertise.
Disclaimer: This publication reflects high level announcements made in the Budget Speech on 17 October 2016, which are typically implemented through detailed legislative amendments and tax guidelines that have yet to be published. Clients are advised to seek appropriate professional advice following the publication of such detailed amendments or guidelines and prior to implementing any actions based on the information given in this publication.
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