Barbados & Malta Double Tax Treaty

The Protocol amending the Double Tax Treaty Malta Barbados came into force on 30 April 2014. The amendment provides for enhanced exchange of information with Barbados. The main features of the Double Tax Treaty Malta Barbados are as follows:

Barbados Withholding Taxes

Dividend Income

The Double Tax Treaty Malta Barbados sets out a maximum Barbadian withholding tax of 5% on dividends paid by a company resident in Barbados to a company resident in Malta which holds at least 5% of the capital of the company paying the dividend. In all other cases, the maximum Barbadian withholding tax is 15%..

Interest Income

The Double Tax Treaty Malta Barbados sets out a maximum Barbadian withholding tax of 5% on interest paid by a resident of Barbados to a resident of Malta.

Royalty Income

The Double Tax Treaty Malta Barbados sets out a maximum Barbadian withholding tax of 5% on royalties paid by a resident of Barbados to a resident of Malta.

Other Income

The Double Tax Treaty Malta Barbados definition of a permanent establishment (PE) is based on the OECD Model, and includes the possibility of a services PE.

Please contact us should you require any more information on the Malta Barbados Double Tax Treaty and the unique tax planning opportunities. You can email us enquiries@papilioservices.com or call us directly on +356 2258 2000.