Double Tax Treaty Malta Azerbaijan

Double Tax Treaty Malta Azerbaijan | Papilio Services Limited

The Government of Malta has just published the text of the new Double Taxation Treaty between Malta and Azerbaijan. The main features of the treaty are as follows:

Dividend Income

The Double Tax Treaty Malta Azerbaijan sets out a maximum Azeri withholding tax of 8% on dividends distributed by an Azerbaijan resident company to a Malta resident shareholder.

No Maltese withholding tax is charged on dividends distributed by a Malta resident company to an Azerbaijan resident shareholder.

Interest Income

The Double Tax Treaty Malta Azerbaijan sets out a maximum Azeri withholding tax of 8% on interest paid by an Azerbaijan resident person to a Malta resident person.

No Maltese withholding tax is charged on interest paid by a Malta resident person to an Azerbaijan resident person.

Royalty Income

The Double Tax Treaty Malta Azerbaijan sets out a maximum Azeri withholding tax of 8% on royalties paid by an Azerbaijan resident person to a Malta resident person.

No Maltese withholding tax is charged on royalties paid by a Malta resident person to an Azerbaijan resident person.

Pension income

The Double Tax Treaty Malta Azerbaijan states that pensions and other similar remuneration paid to a resident of Malta in consideration of past employment shall be taxable only in Malta. However, this does not apply to pensions and other similar income paid by, or out funds created by, the State of Azerbaijan or an administrative-territorial subdivision or a local authority in respect of services rendered to the Azerbaijan State, subdivision or authority.

Please contact us for more information on the tax effective opportunities the Malta Azerbaijan Double Tax Treaty offers to companies and persons based in Azerbaijan.

Click below to go back to all of the double taxation treaties Malta has in force: