EU Commission proposed Directive on Shell Entities (ATAD 3)
The EU’s proposal on shell companies introduces a multiple-step filtering procedure to help Member States identify undertakings located in the EU that are engaged in an economic activity, but which do not have minimal substance and are misused for the…
Amendments to the DTA with Poland
The tax treaty between Malta and Poland will be amended and the main changes will include: Widening of the definition of dividends in Article 10 to include other forms of income which is similar in nature to dividend income; Reduction…
Malta signs a tax treaty with Armenia
Malta signed a tax treaty with Armenia and provides for the following withholding tax rates in the case of payors resident in Armenia: Dividends – 10% reduced to 5% if the investment in the Armenian entity exceeds 10% Interest and...
Read moreMalta signs a tax treaty with Ghana
Malta signed a tax treaty with Ghana and provides for the following withholding tax rates in the case of payors resident in Ghana: Dividends – 6% Interest – 7% Royalties – 8% Services fees – 12% Malta does...
Read moreMalta signs a tax treaty with Kosovo
The tax treaty between Malta and the Republic of Kosovo has been published in Legal Notice 168 of 2019. As most other tax treaties, this tax treaty is also modelled on the OECD model convention. No withholding taxes apply on…
Malta signs a tax treaty with Monaco
Malta published the tax treaty with the Principality of Monaco by means of Legal notice 70 of 2019. The tax treaty is modelled on the OECD model convention, but there are no withholding taxes on dividends, interest and royalties given...
Read moreMultilateral Instrument (MLI)
On 18 December 2018 Malta ratified the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting, more commonly referred to as the Multilateral Instrument (MLI). Malta has expressed a number of reservations and these...
Read moreThe end of Single Malt structures
On the 27 November 2018, it was announced that an agreement was reached between Malta and Ireland which ends the Single Malt structures. These were being used through the transfer of the management and control of Irish incorporated entities to...
Read moreMalta signs a tax treaty with Mauritius
On 15 October 2014 Malta signed a tax treaty with Mauritius. The treaty was published by means of legal notice 409 of 2014. The tax treaty is modelled on the OECD model convention. However, it is interesting to note that...
Read moreMalta signs a tax treaty with Moldova
Malta and Moldova signed a double taxation agreement. The agreement was signed on 10 April 2014 between Foreign Minister George Vella and his Moldovian counterpart Natalia Gherman. Malta and Moldova also signed a joint declaration on European Integration. Malta promises to...
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