Reduced rate of tax for income from artistic activities

The Commissioner for Tax and Customs has announced the publication of guidance on the 7.5% rate of tax applicable to income from certain artistic activities pursuant to article 56(26A) of the Income Tax Act (CAP 123). Guidance on the scope of the reduced rate, eligibility and the application process can be found on the website of the Arts Council Malta by clicking on this link https://artscouncilmalta.gov.mt/pages/funds-opportunities/opportunities/reduced-tax-rate-for-creative-practitioners/.