Malta still among the countries with the highest corporation tax

According to the latest statistics published by Eurostat Malta still scores among the countries with the highest corporation tax with 35% with France following it with 34,4%, Belgium 34%, and Italy at 31.4%. 

The group is followed by UK and Spain 30%, and Germany 29,8%. At the bottom end are Ireland 12,5%, Bulgaria and Cyprus 10%. The EU average is 23.6%. The biggest relative cuts came in Germany where the rate is now lower than in the UK and Italy.