Republic of Ireland: Double Taxation - New Convention between Ireland and Malta

Written by Ian Congreave - Filed under: ROI: Income Tax on November 24th, 2008

On 14 November, the Irish and Maltese Ambassadors to Italy signed in Rome a Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income. The signing of this Convention completes Ireland’s network of bilateral tax agreements with other EU Member States.

The Convention covers taxes on the income of individuals and companies. It operates by either granting exclusive taxation rights to one or other country, or where the income or gain remains taxable in both, by providing that the country of residence of the taxpayer will relieve double taxation by allowing a credit for the tax paid in the other country.

If, as expected, the Dáil and the Maltese Parliament complete the procedures to ratify the Convention during 2009, it will enter into force at the beginning of 2010.

Further information:
Signing of Double Taxation Convention Between Ireland and Malta
The text of the Convention

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Written by Ian Congreave -

Filed under: ROI: Income Tax on November 24th, 2008