News & Views

Malta-The Kingdom of Saudi Arabia Double...

18 January 2013

The tax treaty for the avoidance of double taxation between Malta and Saudi Arabia signed in January of last year was recently published by means of Legal Notice 25 of 2013 on 15th January 2013 and is in force as from the 1st December 2012. This marks Malta's 67th in an impressive network of double taxation treaties. Saudi Arabia is the largest...

European Wholesale Securities Market Granted...

12 January 2013

On the 21st February 2012, the European Wholesale Securities Market (EWSM), a joint venture between the Irish Stock Exchange (ISE) and the Malta Stock Exchange (MSE), opened for business and immediately complimented the existing market offerings from each exchange. The EWSM offers issuers and arrangers of wholesale fixed-income debt securities...

Malta-Uruguay/Mexico Double Taxation Agreement

08 January 2013

The end of 2012 saw Malta strengthen economic relations with Latin American countries. Uruguay Malta's double taxation avoidance treaty with Uruguay came into force after being signed in March 2011. The agreement with Uruguay is the first DTA with any Latin American country. From a Maltese tax perspective, provided that certain conditions are...

Malta/Bahamas TIEA Published

01 January 2013

The Tax Information Exchange Agreement signed with The Bahamas in January of last year was published by means of Legal Notice 26 of 2013. Like other agreements of this nature, this will promote cooperation between the two countries through the exchange of information.

Pension Scheme for Foreign Retirees

04 December 2012

Malta strives to attract foreigners to take up residence in Malta by introducing an attractive tax scheme for foreign retirees from the EU/EEA/Swiss nationals. On the 1st October 2012, Legal Notice 317 of 2012 Income Tax Act was published. For the purposes of the Legal Notice, "pension" means periodic payments paid to a former employee in...