Malta’s double taxation agreement (DTA) with Switzerland has entered into force on the 6th July 2012.
This DTA was signed on the 25th February 2011 and replaces the agreement signed on the 18th December 2008 which used to be limited to the taxation of income derived from ships
This agreement also includes provisions on the exchange of information, in accordance with recent international standards. Amongst other things, the treaty provides for a withholding tax exemption
for dividend and interest payments between related companies with a capital stake of at least 10% in the company making the payment, besides a full withholding tax exemption
for royalty income
The DTA will become applicable with effect from the 1st January 2013.