Certificate in Corporate Tax Analysis

Course Overview

Session 1 – Basic Concepts of Income Tax

Concepts of Income Tax

  • Who and what is subject to income tax? Where does income arise?
  • Understand the tax concept of residence and domicile
  • Understand the difference between income and capital

Deductible Expenses

  • Understand the need to adjust the accounting profit to calculate the tax profit
  • Determine what are the allowable expenses (positive test) and the disallowed expenses (negative test)
  • Understand capital allowances
  • Understand NID
Session 2 – Taxation of Companies and Tax Accounting Rules


  • Understand exempt income for companies and non-resident
  • Understand the meaning of the participating holding and its relevance

Arriving at the Tax Charge

  • Practical examples of different scenarios and how to calculate chargeable income

Tax Accounting Rules

  • Identify the different types of tax accounts
  • Identify to which tax account profits should be allocated to
Session 3– Double Taxation Relief & The Refundable Tax Credit

Double Taxation Relief

  • Understand the nature and causes of double taxation
  • Understand the operation of the 4 mechanisms contemplated in the Maltese tax system for the elimination of double taxation
  • Understand how double taxation is eliminated through examples

The Refundable Tax Credit

  • Understand who is eligible for the refundable tax credit
  • Understand how to register shareholders’ for this purpose
  • Understand how to calculated the refundable tax credit through examples
  • Understand how to complete a refundable tax credit application
Session 4 – Completing The Income Tax Return

Completing the Income Tax Return

  • Practical session, preparing an income tax return from beginning to end
  • Going through the different tax return attachments and provide examples of when these must be used and how these should be reported in the tax return

A briefing on the consolidated tax return and an undertaking of it

Course Schedule

  Date Time
Session 1 Wednesday 5th October 2022 17:00 – 19:00
Session 2 Wednesday 12th October 2022 17:00 – 19:00
Session 3 Wednesday 19th October 2022 17:00 – 19:00
Session 4 Wednesday 26th October 2022 17:00 – 19:00

Certificate in Corporate Tax Analysis

Online Part- time