The Malta Institute of Taxation is a non-profit making organisation governed by Statute. It is an independent and autonomous body made up of, and run by, tax practitioners which works to promote knowledge and good practice in the tax profession. The Institute generates its own financial resources which are applied towards the achievement of its mission and objectives.

Since its establishment in 1995, the MIT has strived to establish itself as a professional body for advisers, practitioners and academics operating in the field of taxation in Malta, promoting the highest standards in the tax profession, through the creation of learning opportunities and ongoing professional education, and contributing toward the development of local tax policy, legislation and administrative practices.