Malta has just concluded treaties on double taxation
with various countries, including Luxembourg. The Double Taxation
Agreement (DTA) covers income tax and other similar taxes applied
to companies and individuals carrying out operations in the
specified territories.
Through the Malta - Luxembourg DTA,
Maltese and Luxembourg companies and citizens will benefit from
reductions and exemptions on capital and corporation tax, income tax
applied to individuals, tax on fees applied to company directors as well as
communal trade tax.
The elimination of double taxation in Malta allows for
Luxembourg citizens and companies to be eligible for credit against
Maltese tax, according to the
tax paid in Luxembourg after this is assessed. In addition,
Luxembourg companies are granted credit in relation to profit
resulting from dividends if they pay credit to Maltese companies
holding at least 10%. Luxembourg companies and citizens who receive
interest on royalties in Malta will
