New Double Taxation Treaties

Date: 9th June, 2009

To mark the occasion of the two new double tax treaties Malta has signed, tax and financial services partner Rosanne Bonnici has submitted the following news item to Lexology. 

Double Tax Treaties with Ireland and UAE for Malta

May 20 2009

Malta recently added two double taxation treaties to its network of treaties, bringing the full complement of double tax treaties in force to 52. The jurisdiction has a very attractive holding and corporate tax regime and its treaty network is an important element.

The Double Taxation Relief (Taxes on Income) (United Arab Emirates) Order, 2009 published the treaty with the United Arab Emirates which has come into force retrospectively to 18 May 2007. The Double Taxation Relief (Taxes on Income) (Ireland) Order, 2009, brought the treaty with the Ireland into force with effect from 15 January 2009. Both treaties are by and large OECD-model based, with the UAE treaty including a Protocol making provisions in relation to a number of Articles.

The news item may be found by following this link:

http://www.lexology.com/library//document.ashx?g=e1b68a29-7ee9-415f-ba4b-f301a44e8252