Double Tax Treaty Malta Monaco

09 May 2019

Full text can be found here: 

Some of the main features of the treaty are the following:

Elimination of double taxation

Double taxation is eliminated by the allowance of a credit for any tax suffered in the source country against the tax liability for that income in the residence country.

Taxation of dividends

The double tax treaty between Malta and Monaco sets out that dividends paid by a company resident in Monaco to a resident of Malta who is the beneficial owner thereof shall be taxable in Malta only (ie no withholding tax).

No withholding tax is charged on dividends paid by a company in Malta to a shareholder resident in Monaco (as a result of domestic law provisions).  

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