Double tax treaty between Malta and Switzerland enters into force

The Double Tax Treaty between the Swiss Federation and Malta for the avoidance of double taxation with respect to taxes on income should have effect as from 1 January 2013.
This development is particularly relevant for companies and individuals established in Malta who receive income in the form of dividends, interest and royalties from Switzerland.

The agreement exempts dividend and interest payments between associated companies from withholding tax, provided that a company holds a stake of at least 10 percent equity in the company paying the dividends and interest.

The DTA also includes provisions for the exchange of information