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Crypto accounting & tax in Malta

Reporting framework, corporate tax and individual tax treatment for digital assets in Malta, from CryptaCount's jurisdiction database covering 72 countries.

Malta: tax & reporting data

General Information

Default Framework
IFRS
Permitted Frameworks
IFRS
IFRS Mandatory For
All companies use IFRS
Tax Year
Calendar Year (end M12)
Functional Currency
EUR
FX Source (Reporting)
ECB
FX Source (Tax)
ECB
Transaction Rate
Daily Spot
Hyperinflationary
✗ No

Reporting — IFRS

Framework Available
✓ Yes
Crypto Classification
Intangible Asset, Inventory
Classification Notes
IAS 38 intangible (most common); IAS 2 inventory if held for sale in ordinary course. No dedicated IFRS crypto standard.
Measurement Basis
Historical Cost Fair Value (Revaluation)
Permitted Cost Methods
FIFO, WAVG, Specific ID
Prohibited Cost Methods
LIFO
Impairment Required
✓ Yes
Impairment Type
IAS 36
Reversal Allowed
✓ Yes
NRV Write-down
✗ Not required
Fair Value Hierarchy
Level 1
Recent Standards
No dedicated IFRS crypto standard. IFRIC agenda decision (2019) confirmed IAS 38/IAS 2. IASB crypto project in pipeline, no ED yet.

Corporate Tax — Rate & Classification

Corporate Tax Rate
35%
Crypto Classification
Ordinary Income
Notes
All corporate income at 35% (refundable)

Corporate Tax — Cost Basis

Measurement Basis
Historical Cost
Default Cost Method
FIFO
Permitted Methods
FIFO, WAVG
Taxpayer Can Elect
✓ Yes
Country Override
Standard
Override Notes
LIFO Conformity Req.
✗ No
Differs from Reporting
✗ No

Corporate Tax — Anti-Avoidance

Wash Sale
✗ Off
Window (before/after)
Same-Day Rule
✗ No
Loss Restriction
Unrestricted
Loss Carryforward
Unlimited

Corporate Tax — Holding Period

Holding Period Benefit
✗ No
Period
Benefit Type

Corporate Tax — Crypto Event Treatment

Staking Rewards
FMV at Receipt
Gas Fee Treatment
Add to Cost
Gas = Disposal of Native
✓ Yes
Crypto↔Crypto Taxable
✓ Yes
DeFi Wrapping
Unclear
Fork Cost Basis
Zero

Individual Tax — Regime

Tax Regime
Exempt
Regime Notes
Long-term CGT exempt. Malta does not impose CGT on crypto for individuals (not immovable property).
Tax Rate
0% (exempt)
Rate Notes
0% for long-term holdings. Short-term/professional may be income tax.

Individual Tax — Cost Basis

Measurement Basis
Historical Cost
Cost Method
FIFO
Method Electable
✓ Yes
Permitted Methods
FIFO, WAVG
Country Override
Standard

Individual Tax — Exemptions

CGT Exempt
✓ Yes
Exempt Conditions
CGT in Malta applies primarily to immovable property. Crypto treated as movable property = no CGT.
Holding Period
HP Benefit
Annual Exemption
Threshold Exemption

Individual Tax — Anti-Avoidance

Wash Sale
✗ Off
Same-Day Rule
✗ No
Superficial Loss
✗ No
Loss Restriction
Unrestricted
Loss Carryforward
Unlimited

B2C vs B2B Differences

Differs from B2B
✓ Yes
Notes
Individuals generally exempt. Refund system makes effective corporate rate ~5%.
Compare Malta with other jurisdictions

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