- Bilateral Taxation Avoidance Agreement Signed Between Malta and Guernsey
- March 29, 2012 | Author: Robert Taylor East
- Law Firm: Zammit & Associates - Advocates - Swatar Office
A comprehensive double tax agreement between Guernsey and Malta was signed on the 12th March, 2012.
It is understood that the agreement excludes source State taxation on dividends, interest and royalties but the agreement is otherwise broadly based on the provisions of the OECD Model Tax Convention - even as regards exchanges of information.
The agreement is the 60th signed by Malta to date and will enter into force once ratification procedures applicable in both jurisdictions are completed.