Maltese tax residents can choose either to have 15% Maltese withholding tax, if any is due, automatically deducted from the gross amounts earned. This includes interest earned from deposit accounts and from dividends or interests earned from your investments. Alternatively, you can opt to not to have Maltese withholding tax automatically deducted at source. We suggest you to consult your tax advisor in order to asses which option is better for you.