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...
Aircraft Finance Leasing
04 December 2012
Following Malta's enactment of the Aircraft Registration Act of 2010 and its implementation of the Cape Town Convention, Malta has seen increased interest in its aviation industry. In fact as at May 2012, the Maltese aircraft register numbered over 100 aircraft. The benefits of Malta as an aviation registry include an attractive fiscal regime;...
