Both Countries have finalised negotiations for the execution of an agreement for the avoidance of double taxation based on the OECD Model and concerns taxes on funds, capital and income. It is expected that the Agreement will be applicable from the 1st January 2014.
Malta Registers Highest Increase in MFI’s
22 January 2013
European Central Bank reports Malta with highest reported increase in monetary financial institutions within eurozone in 2012. On 1 January 2013 the total number of monetary financial institutions (MFIs)[1] in the euro area stood at 7,059. This is a net decrease of 474 units (-6%) in comparison with the situation a year ago. With a few small...
Malta Registers Highest Increase in MFI’s
21 January 2013
European Central Bank reports Malta with highest reported increase in monetary financial institutions within eurozone in 2012. On 1 January 2013 the total number of monetary financial institutions (MFIs)[1] in the euro area stood at 7,059. This is a net decrease of 474 units (-6%) in comparison with the situation a year ago. With a few small...
Malta-Uruguay/Mexico Double Taxation Agreement
20 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-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...