For the second consecutive year, Deloitte Malta was awarded best National Tax Firm 2010/2011 at the International Tax Review’s 6th Annual European Tax Awards held at the Dorchester Hotel in London last week. Deloitte Malta was given the award by the global publication International Tax Review in recognition of the exceptional quality and innovation of its international tax practice in Malta. Marc Alden, leader of the financial services industry tax group, received the award on behalf of the firm.

Deloitte has Malta’s largest tax practice on the island with approximately 60 professional staff and with a background in either law or accounting and a strong bias towards cross-border tax structuring work, attracting multinational clients to Malta through the strength of the Deloitte member firm network. Globally, Deloitte is the largest professional services firm in the world with revenues of $26.6 billion. In its recently published transparency report for 2010, Deloitte Malta reported 24 per cent growth in its revenues.

Andrew Manduca, leader of the Malta tax practice said: “Naturally, we are delighted to win this award again, given that it is determined by ITR after they conducted a rigorous assessment process, including client interviews. The prominence given to Malta as one of the European tax jurisdictions that they assess is further proof of Malta’s increased recognition in this area, which is to the benefit of all local practitioners.