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
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%..
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.
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.
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.
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