Laragh Cassar contributed an article on the taxation of Collective Investment Schemes. Dr Cassar explains the benefits of Collective Investment Schemes (CIS) and how the number of licensed CIS has grown in the last decade and continues to increase at a steady rate.
She believes that a change in the jurisdiction’s stature and the background of its fund clientele is already underway. She points out that higher profile clients are starting to come in. “Previously, business was largely dominated by middle-tier funds that needed a favourable environment, the bigger players are now considering Malta as it becomes better know and more popular.”
The article can be found on page 7 by clicking here.