|
|
|
Malta-Isle of Man sign double taxation agreement
23/10/2009 |
|
The double taxation agreement between Malta and
the Isle of Man was signed on the 23rd October 2009, but is not yet
in force as it is still awaiting ratification. This agreement aims
to remove double taxation obstacles whilst preventing fiscal evasion
with respect to taxes on income.
This agreement is Malta’s 18th agreement which meets the OECD
international tax standard on transparent and effective exchange of
information. This was the Isle of Man’s third double taxation
agreement with a European Union member state.
This double taxation agreement is instrumental for strengthening
trade and investment relations between the two countries, which will
be enhanced by organizing the exchange of trade delegations. This
will provide an excellent basis for establishing economic links and
relieving double taxation which is a step forward in exploring new
avenues of economic benefits between Malta and the Isle of Man. This
will facilitate the exchange of goods and services and movements of
capital, technology and people between the two countries.
Malta Companies
Malta Double
Taxation Treaties
[full texts available for download]
|
|
Practice Group Section |
|
Taxation Practice Group
Financial
Services Practice Group
Trusts Practice Group
|
|
|
|
|
|