South Korea & Malta Double Tax Treaty

The Double Tax Treaty Malta South Korea states that the maximum Korean withholding tax on dividends distributed by a Korean resident company to a Maltese resident company where the Maltese resident company holds at least 25% of the share capital of the Korean resident company is 5%.

In all other cases, the maximum Korean withholding tax is 15%.

The Double Tax Treaty Malta South Korea states that the maximum Korean withholding tax on interest paid by a Korean resident to a Maltese resident beneficial owner of the interest income is 10%.

The Double Tax Treaty Malta South Korea states that no Korean withholding tax is charged on royalties paid by a Uruguayan resident to a Maltese resident beneficial owner of the royalty income.

The Double Tax Treaty Malta South Korea states that pensions and other similar remuneration from Korean sources to a Maltese resident individual may only be taxed in Malta.

However, this does not apply for pensions and other payments made under the social security legislation of South Korea, which are taxable in South Korea only.