Finland & Malta Double Tax Treaty

The Double Tax Treaty Malta Finland entered into force on 30 December 2001. The main features of the treaty are as follows:

Finland Withholding Taxes

Dividend Income

The Double Tax Treaty Malta Finland sets out a maximum Finnish withholding tax of 5% on dividends distributed by a Finnish resident company to a Maltese resident company where the Maltese resident company holds at least 10% of the voting power of the Finnish resident company. In all other circumstances, the maximum Finnish withholding tax is 15%.

Interest Income

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

Royalty Income

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

Other Income

The Double Tax Treaty Malta Finland states that pensions and other similar remuneration paid to a Maltese resident individual in consideration of past employment shall be taxable only in Malta. However such a rule does not apply to similar payments advanced by a Finnish statutory body or local authority unless the Maltese resident individual is also a Maltese national.

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