Malta’s securitisation tax rules offer efficient treatment for structured finance transactions

Malta special report 2011/2012: the one to watch

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While tax matters may sometimes make eyes glaze over, Malta’s new securitisation tax rules covering the treatment of structured finance transactions confirm the principle of tax neutrality applying to Maltese securitisation vehicles, says Richard Ambery, a partner at Ganado & Associates. “In our view the effect of the new rules maximises the efficiency of securitisation transactions undertaken in and through Malta by eliminating tax leakage in vehicles established there.”

In general Malta’s secur

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