www.revenue.ie/en/tax-professionals/tax-agreements/double-taxation-treaties/tax-treaties-by-country.aspx?page=R www.mfsr.sk/en/taxes-customs-accounting/direct-taxes/income-tax/international-taxation/double-tax-treaties/ mof.gov.cy/en/taxation-investment-policy/double-taxation-agreements/double-taxation-treeties www.porezna-uprava.hr/en/EN_porezni_sustav/Pages/double_taxation.aspx Promoting trade growth Including trade in financial services, successive Maltese governments have sought to conclude double taxation agreements with key trading partners as well as with emerging economies. These bilateral agreements solve the problems associated with the double taxation of passive and active income. The applicable tax treaties in force can be found here. Specific rules for frontier workers can be found in the following double taxation treaties: www.financnisprava.cz/en/internation-tax-affairs/double-taxation An article entitled Malta Double Taxation Convention already exists in Articles safeguarded www.government.is/topics/economic-affairs-and-public-finances/tax-treaties/double-taxation-treaties/#panel-7a79c16a-d05d-11e7-941f-005056bc4d74-29 www.mfa.gov.lv/en/policy/bilateral-agreements Malta`s double taxation agreement with Italy also contains provisions on the exchange of tax information, as it is based on the model of the Organisation for Economic Co-operation and Development. The Agreement provides for the Italian and Maltese tax authorities to exchange tax information relevant to the purposes of the Agreement or to the administration of tax legislation. In March 2009, Malta and Italy signed a protocol amending the existing double taxation agreement between the two countries, which entered into force for the first time in July 1981. The revised agreement was signed by Maltese Deputy Prime Minister and Foreign Minister Tonio Borg in Rome during the Maltese President`s official visit to Italy. Signing the agreement, Tonio Borg said: “When the Protocol enters into force, it will strengthen the provisions of the existing double taxation agreement with Italy and further promote and facilitate investment and business opportunities, as well as trade between Maltese and Italian entrepreneurs.” Italian investments in Malta are strong: around 25 companies are wholly owned or operate in joint ventures in various sectors. Italy is Malta`s main trading partner with trade exchanges of more than €1 billion. Just over 26% of Malta`s total imports come from Italy. Mutual tourism is also important, with 77,500 visitors from the respective countries in 2010. Italy is also Malta`s second most important tourist market.
In 2010, the Italian government removed Malta from Italy`s blacklist of tax havens. The abolition has created additional interest among Italian investors to do business in Malta or to use Malta as a centre for international operations, given the resulting legal certainty. In particular, the removal from the blacklist means that Italian persons wishing to settle in Malta should be able to leave their Italian residence. This has also avoided additional tax consequences for Italian companies with subsidiaries or affiliates in Malta. The Maltese-Italian Chamber of Commerce promotes business, develops and maintains trade, finance, tourism and culture between Italy and Malta. The Chamber can be considered the first point of reference for Italian businessmen who want to know more about Malta, especially those who intend to invest in the Maltese Islands. He and uses his relations with other Mediterranean countries. The MICC is the ideal business partner with local employees who have a lot of knowledge and local experience. Malta and Italy signed their first double taxation agreement in 1948.
The agreement contains provisions for the avoidance of double taxation with regard to the following taxes: The new double taxation agreement provides that the Italian tax authorities deduct the income tax paid in Malta by an Italian resident in Italy. The Maltese tax system is based on tax credits for taxes paid in other countries when it comes to eliminating double taxation. The Malta-Italy double taxation agreement also provides that each country informs the other of changes to its tax systems. .