Double Tax Treaty Malta Hungary

Double Tax Treaty Malta Hungary Tax

The Double Tax Treaty Malta Hungary was signed on 6 August 1991 and is currently in force. The main features of the treaty are as follows:

Dividend Income

The Double Tax Treaty Malta Hungary sets out a maximum Hungarian withholding tax of 5% on dividends distributed by a Hungarian resident company to a Maltese resident company where the Maltese resident company holds at least 25% of the share capital of the Hungarian resident company. In all other circumstances, the maximum Hungarian withholding tax is 15%.

Interest Income

The Double Tax Treaty Malta Hungary sets out a maximum Hungarian withholding tax of 10% on interest paid by a Hungarian resident to a Maltese resident beneficial owner of the interest income.

Royalty Income

The Double Tax Treaty Malta Hungary sets out a maximum Hungarian withholding tax of 10% on royalties paid by a Hungarian resident to a Maltese resident beneficial owner of the royalty income.

Other Income

The Double Tax Treaty Malta Hungary outlines certain pensions and other similar remuneration arising from Hungarian 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 Hungarian statutory body 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 for more information on the  tax planning opportunities the Malta Hungary Double Taxation Treaty offers companies based in Hungary and how your organisation can become more tax efficient.

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