Libya & Malta Double Tax Treaty

The Double Tax Treaty Malta Libya sets out a maximum Libyan withholding tax of 5% on dividends distributed by a Libyan resident company to a Maltese resident company where the Maltese resident company holds at least 10% of the share capital of the Libyan resident company. In all other circumstances, the maximum Libyan withholding tax is 15%.

The Double Tax Treaty Malta Libya sets out a maximum Libyan withholding tax of 5% on interest paid by a Libyan resident to a Maltese resident beneficial owner of the interest income.

The Double Tax Treaty Malta Libya sets out a maximum Libyan withholding tax of 5% on royalties paid by a Libyan resident to a Maltese resident beneficial owner of the royalty income.

The Double Tax Treaty Malta Libya provides that professors, teachers or researchers resident in either contracting state are exempted from paying tax for two years on their remuneration when teaching or carrying scientific research in the public interest at a university or another officially recognised higher institution in the other contracting state.