Australia & Malta Double Tax Treaty
The Double Tax Treaty Malta Australia, as amended, was signed on 9 May 1984 and is currently in force. The main features of the Double Tax Treaty Malta Australia are as follows.
Australian Withholding Taxes
The Double Tax Treaty Malta Australia sets out a maximum Australian withholding tax of 15% on dividends distributed by an Australian resident company to a Maltese resident company.
The Double Tax Treaty Malta Australia sets out a maximum Australian withholding tax of 15% on interest paid by an Australian resident to a Maltese resident beneficial owner of the interest income.
The Double Tax Treaty Malta Australia sets out a maximum Australian withholding tax of 10% on royalties paid by a Australian resident to a Maltese resident beneficial owner of the royalty income.
Pensions including government pensions and annuities from Australian sources paid to a Maltese resident are taxable only in Malta. However such a rule does not apply to similar payments advanced by an Australian statutory body or local authority or a political subdivision thereof for services rendered therein unless the Maltese resident individual is also a Maltese citizen.
Any pensions or allowances paid from Australian sources in respect of wounds, disabilities or death caused by war, in respect of war services are exempt from tax in Malta if such payments are exempt from tax in Australia.
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