Treaties
Malta's tax treaty network, consisting of 63 tax treaties,
has experienced a significant degree of development over the past
six months. New tax treaties with Bahrain, Hong Kong, Saudi Arabia,
Switzerland, and Uruguay became generally applicable as of 1
January 2013 (1 April 2013 in the case of Hong Kong). Similarly,
with effect from 1 January 2014, a new treaty recently concluded
with Guernsey will come into force as will a revised treaty with
Norway. In addition, during 2012 and the first quarter of 2013, new
tax treaties were negotiated with Armenia and Mexico, a protocol to
the existing treaty with South Africa was signed and the treaty
previously negotiated with Russia has been approved for signature.
During the said period Malta has also concluded tax information
exchange agreements with the Bahamas, Bermuda and Gibraltar.
