Denmark & Malta Double Tax Treaty

The Double Tax Treaty Malta Cyprus, as amended, was signed on 22 October 1993 and is currently in force. The main features of the treaty are as follows:

Denmark Withholding Taxes

Dividend Income

The Double Tax Treaty Malta Denmark states there is no Danish withholding tax on dividends distributed by a Danish resident company to a Maltese resident company where the Maltese resident company holds at least 25% of the share capital of the Danish resident company. In all other circumstances, the maximum Danish withholding tax is 15%..

Interest Income

The Double Tax Treaty Malta Denmark states there is no Danish withholding tax on interest paid by a Danish resident to a Maltese resident beneficial owner of the interest income.

Royalty Income

The Double Tax Treaty Malta Denmark states there is no Danish withholding tax on royalties paid by a Danish resident to a Maltese resident beneficial owner of the royalty income.

Other Income

The Double Tax Treaty Malta Denmark states that certain pensions and other similar remuneration arising from Danish sources and paid to a Maltese resident are taxable only in Malta. However such a rule does not apply to similar payments advanced by a Danish government or local authority or a political subdivision thereof for services rendered therein unless the Maltese resident individual is also a Maltese national.

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