Iceland & Malta Double Tax Treaty

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

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

The Double Tax Treaty Malta Iceland sets out a maximum Icelandic withholding tax of 5% on royalties paid by a Icelandic resident to a Maltese resident beneficial owner of the royalty income.

The Double Tax Treaty Malta Iceland states that subject to the limits of the Maltese and Icelandic jurisdiction, income earned by a Maltese resident company from the operation of ships, aircraft or road vehicles in international traffic is only taxable in Malta.