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L.S. 123.10 Ordni dwar Eżenzjoni mill-Ħlas ta' Taxxa Doppja fuq l-Income mar-Renju ta' l-Olanda

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DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS [ S.L.123.10 SUBSIDIARY LEGISLATION 123.10 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS ORDER 31st October, 1980 LEGAL NOTICE 90

1980, as amended by Legal Notice 146

1999, as modified by S.L.123.183 . 1. The title

this Order is Double Taxation Relief on Taxes on Income with the Kingdom

the Netherlands Order. 2. It is hereby declared (a) that the arrangements specified in the Agreement set out in the Schedule to this Order have been made with the Government

the Kingdom

the Netherlands with a view to affording relief from double taxation and preventing fiscal evasion in relation to the following taxes imposed by the laws

the Kingdom

the Netherlands: (

  1. i)(
  2. ii)(iii) (
  3. iv)(
  4. v)income tax (de inkomstenbelasting); wages tax (de loonbelasting); company tax (de vennootschapsbelasting); dividend tax (de dividendbelasting); and capital tax (de vermogensbelasting); (
  5. b)that it is expedient that those arrangements should have effect. Title. Arrangements to have effect. 1 2 [ S.L.123.10 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS [ S.L.123.10 3 SCHEDULE AGREEMENT BETWEEN MALTA AND THE KINGDOM

THE NETHERLANDS FOR THE AVOIDANCE

DOUBLE TAXATION AND THE PREVENTION

FISCAL EVASION WITH RESPECT TO TAXES ON INCOME AND ON CAPITAL Malta and the Kingdom

the Netherlands, desiring to conclude an agreement for the avoidance

double taxation and the prevention

fiscal evasion with respect to taxes on income and on capital, have agreed as follows: CHAPTER I Scope

the Agreement ARTICLE 1 Personal Scope This Agreement shall apply to persons who are residents

one or both

the States. ARTICLE 2 Taxes Covered

(1)This Agreement shall apply to taxes on income and on capital imposed on behalf

each

the States or

its political subdivisions or local authorities, irrespective

the manner in which they are levied.

(2)There shall be regarded as taxes on income and on capital all taxes imposed on total income, on total capital, or on elements

income or

capital, including taxes on gains from the alienation

movable or immovable property, taxes on the total amounts

wages or salaries paid by enterprises, as well as taxes on capital appreciation.

(3)The existing taxes to which this Agreement shall apply are, in particular: (a) in the case

the Netherlands: - income tax (de inkomstenbelasting); wages tax (de loonbelasting); company tax (de vennootschapsbelasting); dividend tax (de dividendbelasting); capital tax (de vermogensbelasting); (hereinafter referred to as "Netherlands tax"); (b) in the case

Malta: the income tax and surtax, including prepayments

tax whether made by deduction at source or otherwise, (hereinafter referred to as "Malta tax").

(4)This Agreement shall also apply to any identical or substantially similar taxes which are imposed after the date

signature

this Agreement in addition to, or in place

, the existing taxes. The competent authorities

the States shall notify to each other any substantial changes which have been made in their respective taxation laws. [ S.L.123.10 4 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS

(5)Where under any provision

this Agreement income is relieved from tax in one

the States, either in full or in part, and, under the law in force in the other State, a person, in respect

the said income, is subject to tax by reference to the amount thereof which is remitted to or received in that other State and not by reference to the full amount thereof, then the relief to be allowed under this Agreement in the first-mentioned State shall apply to so much

the income as is remitted to or received in the other State. CHAPTER II Definitions ARTICLE 3 General Definitions

(1)In this Agreement, unless the context otherwise requires: (
  1. a)the term "State" means the Netherlands or Malta, as the context requires; the term "States" means the Netherlands and Malta; (
  2. b)the term "the Netherlands" comprises the part

the Kingdom

the Netherlands that is situated in Europe and the part

the sea-bed and its subsoil under the North-Sea, over which the Kingdom

the Netherlands has sovereign rights in accordance with international law; (c) the term "Malta" means the Republic

Malta, and, when used in a geographical sense, means the Island

Malta, the Island

Gozo and the other islands

the Maltese archipelago, including the territorial waters thereof, and any area outside the territorial sea

Malta which, in accordance with international law, has been or may hereafter be designated, under the laws

Malta concerning the Continental Shelf, as an area within which the rights

Malta with respect to the seabed and subsoil and their natural resources may be exercised; (d) the term "person" comprises an individual, a company and any other body

persons; (

  1. e)the term "company" means any body corporate or any entity which is treated as a body corporate for tax purposes; (
  2. f)the terms "enterprise

one

the States" and "enterprise

the other State" mean respectively an enterprise carried on by a resident

one

the States and an enterprise carried on by a resident

the other State; (

  1. g)the term "national" means: (
  2. i)in respect

the Netherlands, any individual possessing the nationality

the Netherlands and any legal person, partnership or association deriving its status as such from the law in force in the Netherlands; (ii) in respect

Malta, any citizen

Malta as provided for in Chapter III

the Constitution

Malta and in the Maltese Citizenship Act, and any legal person, partnership or association deriving its status as such from the law in force in Malta; (h) the term "international traffic" means any transport by a ship or aircraft operated by an enterprise which has its place

effective management in one

the States, except when the ship or aircraft is operated solely between places in the other State; (i) the term "competent authority" means: DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS (i) [ S.L.123.10 5 in the case

the Netherlands, the Minister

Finance or his authorized representative; (ii) in the case

Malta, the Minister responsible for finance or his authorized representative.

(2)As regards the application

this Agreement by either

the States, any term not otherwise defined shall, unless the context otherwise requires, have the meaning which it has under the laws

that State relating to the taxes which are the subject

this Agreement. ARTICLE 4 Fiscal Domicile

(1)For the purposes

this Agreement, the term "resident

one

the States" means any person who, under the law

that State, is liable to taxation therein by reason

his domicile, residence, place

management or any other criterion

a similar nature. The term does not include any person who is liable to tax in that State in respect only

income from sources therein or capital situated in that State.

(2)For the purposes

this Agreement an individual, who is a member

a diplomatic or consular mission

one

the States in the other State or in a third State and who is a national

the sending State, shall be deemed to be a resident

the sending State if he is submitted therein to the same obligations in respect

taxes on income and capital as are residents

that State.

(3)Where by reason

the provisions

paragraph

(1)an individual is a resident

both States, then his status shall be determined as follows: (a) he shall be deemed to be a resident

the State in which he has a permanent home available to him. If he has a permanent home available to him in both States, he shall be deemed to be a resident

the State with which his personal and economic relations are closest (centre

vital interests); (b) if the State in which he has his centre

vital interests cannot be determined, or if he has not a permanent home available to him in either State, he shall be deemed to be a resident

the State in which he has an habitual abode; (c) if he has an habitual abode in both States or in neither

them, he shall be deemed to be a resident

the State

which he is a national; (d) if he is a national

both States or

neither

them the competent authorities

the States shall settle the question by mutual agreement.

(4)Where by reason

the provisions

paragraph

(1), a person other than an individual is a resident

both States, then it shall be deemed to be a resident

the State in which its place

effective management is situated. ARTICLE 5 Permanent Establishment

(1)For the purposes

this Agreement, the term "permanent establishment" means a fixed place

business in which the business

the enterprise is wholly or partly carried on.

(2)The term "permanent establishment" shall include especially: (a) a place

management; [ S.L.123.10 6 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS (

  1. b)a branch; (
  2. c)an

fice; (

  1. d)a factory; (
  2. e)a workshop; (
  3. f)a mine, quarry or other place

extraction

natural resources; (g) a building site or construction or assembly project or supervisory activities in connection therewith, where such site, project or activity continues for more than twelve months.

(3)The term "permanent establishment" shall not be deemed to include: (a) the use

facilities solely for the purpose

storage, display or delivery

goods or merchandise belonging to the enterprise; (b) the maintenance

a stock

goods or merchandise belonging to the enterprise solely for the purpose

storage, display or delivery; (c) the maintenance

a stock

goods or merchandise belonging to the enterprise solely for the purpose

processing by another enterprise; (d) the maintenance

a fixed place

business solely for the purpose

purchasing goods or merchandise, or for collecting information, for the enterprise; (e) the maintenance

a fixed place

business solely for the purpose

advertising, for the supply

information, for scientific research or for similar activities which have a preparatory or auxiliary character, for the enterprise.

(4)A person acting in one

the States on behalf

an enterprise

the other State - other than an agent

an independent status to whom paragraph

(5)applies shall be deemed to be a permanent establishment in the first-mentioned State if he has, and habitually exercises in that State, an authority to conclude contracts in the name

the enterprise, unless his activities are limited to the purchase

goods or merchandise for the enterprise.

(5)An enterprise

one

the States shall not be deemed to have a permanent establishment in the other State merely because it carries on business in that other State through a broker, general commission agent or any other agent

an independent status, where such persons are acting in the ordinary course

their business.

(6)The fact that a company which is a resident

one

the States controls or is controlled by a company which is a resident

the other State, or which curries on business in that other State (whether through a permanent establishment or otherwise), shall not

itself constitute either company a permanent establishment

the other. CHAPTER III DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS [ S.L.123.10 7 Taxation

income ARTICLE 6 Income from Immovable Property

(1)Income from immovable property may be taxed in the State in which such property is situated.
(2)The term "immovable property" shall be defined in accordance with the law

the State in which the property in question is situated. The term shall in any case include property accessory to immovable property, rights to which the provisions

general law respecting landed property apply, usufruct

immovable property and rights to variable or fixed payments as consideration for the working

, or the right to work, mineral deposits, sources and other natural resources; ships and aircraft shall not be regarded as immovable property.

(3)The provisions

paragraph

(1)shall apply to income derived from the direct use, letting, or use in any other form

immovable property.

(4)The provisions

paragraphs

(1)and
(2)shall also apply to the income from immovable property

an enterprise and to income from immovable property used for the performance

professional services. ARTICLE 7 Business Profits

(1)The profits

an enterprise

one

the States shall be taxable only in that State unless the enterprise carries on business in the other State through a permanent establishment situated therein. If the enterprise carries on business as aforesaid, the profits

the enterprise may be taxed in the other State but only so much

them as is attributable to that permanent establishment.

(2)Subject to the provisions

paragraph

(3), where an enterprise

one

the States carries on business in the other State through a permanent establishment s i tu a te d t h e r e i n, t h e r e s h a l l i n ea c h St a t e b e at t r i b ut e d t o t ha t p e r m a n e n t establishment the profits which it might be expected to make if it were a distinct and separate enterprise engaged in the same or similar activities under the same or similar conditions and dealing wholly independently with the enterprise

which it is a permanent establishment.

(3)In the determination

the profits

a permanent establishment, there shall be allowed as deductions expenses which are incurred for the purposes

the permanent establishment including executive and general administrative expenses so incurred, whether in the State in which the permanent establishment is situated or elsewhere.

(4)Insofar as it has been customary in one

the States to determine the profits to be attributed to a permanent establishment on the basis

an apportionment

the total profits

the enterprise to its various parts, nothing in paragraph

(2)shall p r e c l u d e t h a t St a t e f r o m d e t e r m i n i n g t h e p r o f i t s t o b e t a x e d b y s u c h a n apportionment as may be customary; the method

apportionment adopted shall, however, be such that the result shall be in accordance with the principles embodied in this Article.

(5)No profits shall be attributed to a permanent establishment by reason

the mere purchase by that permanent establishment

goods or merchandise for the enterprise. [ S.L.123.10 8 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS

(6)For the purposes

the preceding paragraphs, the profits to be attributed to the permanent establishment shall be determined by the same method year by year unless there is good and sufficient reason to the contrary.

(7)Where profits include items

income which are dealt with separately in other Articles

this Agreement, then the provisions

those Articles shall not be affected by the provisions

this Article. ARTICLE 8 Shipping and Air Transport

(1)Profits from the operation

ships or aircraft in international traffic shall be taxable only in the State in which the place

effective management

the enterprise is situated.

(2)If the place

effective management

a shipping enterprise is aboard a ship, then it shall be deemed to be situated in the State in which the home harbour

the ship is situated, or, if there is no such home harbour, in the State

which the operator

the ship is a resident.

(3)The provisions

paragraph

(1)shall also apply to profits derived from the participation in a pool, a joint business or in an international operating agency. ARTICLE 9 Associated Enterprises
(1)Where (a) an enterprise

one

the States participates directly or indirectly in the management, control or capital

an enterprise

the other State, or (b) the same persons participate directly or indirectly in the management, control or capital

an enterprise

one

the States and an enterprise

the other State, and in either case conditions are made or imposed between the two enterprises in their commercial or financial relations which differ from those which would be made between independent enterprises, then any profits which would, but for those conditions, have accrued to one

the enterprises, but, by reason

those conditions, have not so accrued, may be included in the profits

that enterprise and taxed accordingly. .

(2)Where profits on which an enterprise

one

the States has been charged to tax in that State are also included in the profits

an enterprise

the other State and taxed accordingly and the profits so included are profits which would have accrued to that enterprise

the other State if the conditions made between the enterprises had been those which would have been made between independent enterprises, then the first mentioned State shall make an appropriate adjustment to the amount

tax charged on those profits in the first-mentioned State. In determining such an adjustment due regard shall be had to the other provisions

this Agreement in relation to the nature

the income, and for this purpose the competent authorities

the States shall if necessary consult each other. ARTICLE 10 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS [ S.L.123.10 9 Dividends

(1)Dividends paid by a company which is a resident

one

the States to a resident

the other State may be taxed in that other State.

(2)Dividends paid by a company which is a resident

the Netherlands to a resident

Malta may also be taxed in the Netherlands, and according to Netherlands law, but, if the recipient is the beneficial owner

the dividends, the tax so charged shall not exceed: (a) 5 per cent

the gross amount

the dividends if the recipient is a company which holds directly at least 25 per cent

the capital

the company paying the dividends; (b) 15 per cent

the gross amount

the dividends, in all other cases. This paragraph shall not affect the taxation

the company in respect

the profits out

which the dividends are paid.

(3)Dividends paid by a company which is a resident

Malta to a resident

the Netherlands who is the beneficial owner thereof shall be exempt from any tax in Malta which is chargeable on dividends in addition to the tax chargeable in respect

the profits

the company. Furthermore, Malta tax chargeable with respect to distributed profits

the company shall not exceed 15 per cent

the gross amount thereof, if the distributed profits consist

gains or profits earned in any year in respect

which that company is in receipt

any benefit under the provisions regulating aids to industries in Malta, and the profits are distributed to a company which is a resident

the Netherlands and which is not charged to Netherlands company tax with respect to such profits: provided that the receiving company submits returns and accounts to the taxation authorities

Malta in respect

its income liable to Malta tax for the relative year

assessment. This paragraph shall not affect the taxation

the company in respect

the profits out

which distributions are made, but the recipient

any distributed profits shall be entitled to any refund which may be available under the law

Malta on account

the tax paid by the company, if the tax so paid is in excess

that chargeable on the distributed profits in accordance with the provisions

this paragraph or

the law

Malta.

(4)The term "dividends" as used in this Article means income from shares, "jouissance" shares or "jouissance" rights, mining shares, founders' shares or other rights participating in profits, as well as income from other corporate rights which is subjected to the same taxation treatment as income from shares by the taxation law

the State

which the company making the distribution is a resident.

(5)The provisions

paragraphs

(1),
(2)and
(3)shall not apply if the recipient

the dividends, being a resident

one

the States, carries on business in the other State

which the company paying the dividends is a resident, through a pe r m a ne n t e s t a b l is h m e n t s i t u a t e d t h e r e i n , o r pe r f o r m s i n t h a t oth e r St a t e professional services from a fixed base situated therein, and the holding in respect

which the dividends are paid is effectively connected with such permanent establishment or fixed base. In such a case, the provisions

Article 7or Article 15, as the case may be, shall apply.

(6)Where a company which is a resident

one

the States derives profits or income from the other State, that other State may not impose any tax on the dividends paid by the company, except insofar as such dividends are paid to a resident

that other State or insofar as the holding in respect

which the dividends are paid is effectively connected with a permanent establishment or a fixed base situated in that other State, nor subject the company's undistributed profits to a tax 10 [ S.L.123.10 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS on undistributed profits, even if the dividends paid or the undistributed profits consist wholly or partly

profits or income arising in such other State. ARTICLE 11 Interest

(1)Interest arising in one

the States and paid to a resident

the other State may be taxed in that other State.

(2)However, such interest may be taxed in the State in which it arises and according to the law

that State, but if the recipient is the beneficial owner

the interest, the tax so charged shall not exceed 10 per cent

the gross amount

the interest.

(3)Notwithstanding the provisions

paragraph

(2): (a) interest arising in Malta and paid to the Netherlands Government, the Central Bank

the Netherlands, the Nederlandse Financieringsmaatschappij voor Ontwikkelingslanden N.V. (Netherlands finance company for developing countries), and the Nederlandse Investeringsbank voor Ontwikkelingslanden N.V. (Netherlands investment bank for developing countries) shall be exempt from Malta tax; (b) interest arising in the Netherlands and paid to the Malta Government, the Central Bank

Malta or the Malta Development Corporation shall be exempt from Netherlands tax; (c) the exemptions granted by this paragraph shall also apply to any other statutory body

one

the States if such body possesses a distinct legal personality.

(4)The term "interest" as used in this Article means income from Government securities, income from bonds or debentures, whether or not secured by mortgage but not carrying a right to participate in profits, and income from debt-claims

every kind whether or not secured by mortgage, as well as all other income assimilated to income from money lent by the taxation law

the State in which the income arises.

(5)The provisions

paragraphs

(1)and
(2)shall not apply if the recipient

the interest, being a resident

one

the States, carries on business in the other State in which the interest arises, through a permanent establishment situated therein, or performs in that other State professional services from a fixed base situated therein, and the debt-claim in respect

which the interest is paid is effectively connected with such permanent establishment or fixed base. In such a case, the provisions

Article 7or Article 15, as the case may be, shall apply.

(6)Interest shall be deemed to arise in one

the States when the payer is that State itself, a political subdivision, a local authority or a resident

that State. Where, however, the person paving the interest, whether he is a resident

one

the States or not, has in one

the States a permanent establishment in connection with which the indebtedness on which the interest is paid was incurred and such interest is borne by such permanent establishment, then such interest shall be deemed to arise in the State in which the permanent establishment is situated.

(7)Where, owing to a special relationship between the payer and the recipient or between both

them and some other person, the amount

the interest paid, having regard to the debt-claim for which it is paid, exceeds the amount which DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS [ S.L.123.10 11 would have been agreed upon by the payer and the recipient in the absence

such relationship, the provisions

this Article shall apply only to the last-mentioned amount. In that case, the excess part

the payments shall remain taxable according to the law

each State, due regard being had to the other provisions

this Agreement. ARTICLE 12 Royalties

(1)Royalties arising in one

the States and paid to a resident

the other State shall be taxable only in that other State if such resident is the beneficial owner

the royalties and the royalties consist

payments

any kind received as consideration for the use

, or the right to use, any copyright

literary, artistic or scientific work.

(2)Royalties arising in one

the States and paid to a resident

the other State may be taxed in that other State if the royalties consist

payments

any kind received as a consideration for the use

, or the right to use, cinematographic films or tapes for television or broadcasting, any patent, trade mark, design, model, plan, secret formula or process, industrial, commercial or scientific equipment, or information concerning industrial, commercial or scientific experience. However, such royalties may also be taxed in the State in which they arise, and according to the law

that State, but if the recipient is the beneficial owner

the royalties, the tax so charged shall not exceed 10 per cent

the gross amount

such royalties.

(3)The provisions

paragraphs

(1)and
(2)shall not apply if the recipient

the royalties, being a resident

one

the States, carries on business in the other State in which the royalties arise, through a permanent establishment situated therein, or performs in that other State professional services from a fixed base situated therein, and the right or property in respect

which the royalties are paid is effectively connected with such permanent establishment or fixed base. In such a case, the provisions

Article 7or Article 15, as the case may be, shall apply.

(4)Royalties shall be deemed to arise in one

the States when the payer is that State itself, a political subdivision, a local authority or a resident

that State. Where, however, the person paying the royalties, whether he is a resident

one

the States or not, has in one

the States a permanent establishment in connection with which the liability to pay the royalties was incurred, and such royalties are borne by such permanent establishment, then such royalties shall be deemed to arise in the State in which the permanent establishment is situated.

(5)Where, owing to a special relationship between the payer and the recipient or between both

them and some other person, the amount

the royalties paid, having regard to the use, right or information for which they are paid, exceeds the amount which would have been agreed upon by the payer and the recipient in the absence

such relationship, the provisions

this Article shall apply only to the last-mentioned amount. In that case, the excess part

the payments shall remain taxable according to the law

each State, due regard being had to the other provisions

this Agreement. ARTICLE 13 Limitation

Articles 10, 11 and 12 International organizations, organs and

ficials thereof and members

a diplomatic or consular mission

a third State, being present in one

the States, are not entitled, in the other State, to the reductions or exemptions from tax provided for in Articles 10, 11 and 12 in respect

the items

income dealt with in these 12 [ S.L.123.10 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS Articles and arising in that other State, if such items

income are not subject to a tax on income in the first-mentioned State. ARTICLE 14 Capital Gains

(1)Gains from the alienation

immovable property, as defined in paragraph

(2)

Article 6, may be taxed in the State in which such property is situated.

(2)Gains from the alienation

movable property forming part

the business property

a permanent establishment which an enterprise

one

the States has in the other State, or

movable property pertaining to a fixed base available to a resident

one

the States in the other State for the purpose

performing professional services, including such gains from the alienation

such a permanent establishment (alone or together with the whole enterprise) or

such a fixed base, may be taxed in the other State.

(3)Notwithstanding the provisions

paragraph

(2), gains from the alienation

ships and aircraft operated in international traffic or

movable property pertaining to the operation

such ships and aircraft, shall be taxable only in the State in which the place

effective management

the enterprise is situated. For the purposes

this paragraph the provisions

paragraph

(2)

Article 8shall apply.

(4)Gains from the alienation

any property other than those mentioned in paragraphs

(1),
(2)and
(3), shall be taxed only in the State

which the alienator is a resident.

(5)The provisions

paragraph

(4)shall not affect the right

each

the States to levy according to its own law a tax on gains from the alienation

shares or "jouissance" rights in a company which is a resident

that State, derived by an individual who is a resident

the other State but has been a resident

the firstmentioned State in the course

the last five years preceding the alienation

the shares or "jouissance" rights. ARTICLE 15 Independent Personal Services

(1)Income derived by a resident

one

the States in respect

professional services or other independent activities

a similar character shall be taxable only in that State unless he has a fixed base regularly available to him in the other State for the purpose

performing his activities. If he has such a fixed base, the income may be taxed in the other State but only so much

it as is attributable to that fixed base. A resident

one

the States performing such professional services or other independent activities in the other State shall be deemed to have such a fixed base available to him in that other State if he is present in that other State for a period or periods exceeding in the aggregate 183 days in the calendar year concerned.

(2)The term "professional services" includes especially independent scientific, literary, artistic, educational or teaching activities as well as the independent activities

physicians, lawyers, engineers, architects, dentists and accountants. ARTICLE 16 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS [ S.L.123.10 13 Dependent Personal Services

(1)Subject to the provisions

Articles 17, 19, 20 and 21, salaries, wages and other similar remuneration derived by a resident

one

the States in respect

an employment shall be taxable only in that State unless the employment is exercised in the other State. If the employment is so exercised, such remuneration as is derived therefrom may be taxed in that other State.

(2)Notwithstanding the provisions

paragraph

(1), remuneration derived by a resident

one

the States in respect

an employment exercised in the other State shall be taxable only in the first-mentioned State if (

  1. a)the recipient is present in the other State for a period or periods not exceeding in the aggregate 183 days in the calendar year concerned; and (
  2. b)the remuneration is paid by, or on behalf

, an employer who is not a resident

the other State; and (c) the remuneration is not borne by a permanent establishment or a fixed base which the employer has in the other State.

(3)Notwithstanding the preceding provisions

this Article remuneration derived by a resident

one

the States in respect

an employment exercised aboard a ship or aircraft in international traffic shall be taxable only in that State. ARTICLE 17 Directors’ Fees

(1)Directors’ fees and similar payments derived by a resident

the Netherlands in his capacity as a member

the board

directors

a company which is a resident

Malta may be taxed in Malta.

(2)Remuneration and other payments derived by a resident

Malta in his capacity as a "bestuurder" or a "commissaris"

a company which is a resident

the Netherlands may be taxed in the Netherlands. ARTICLE 18 Artistes and Athletes

(1)Notwithstanding the provisions

Articles 15 and 16, income derived by entertainers, such as theatre, motion picture, radio or television artistes, and musicians, and by athletes, from their personal activities as such, may be taxed in the State in which these activities are exercised.

(2)Where income in respect

personal activities as such

an entertainer or athlete accrues not to that entertainer or athlete himself but to another person, that income may, notwithstanding the provisions

Articles 7, 15 and 16, be taxed in the State in which the activities

the entertainer or athlete are exercised. ARTICLE 19 Pensions, Annuities and Social Security Payments

(1)Subject to the provisions

paragraph

(2)

Article 20

, pensions and other similar remuneration paid to a resident

one

the States in consideration

past employment and any annuity shall be taxable only in that State.

(2)However, where such remuneration is not

a periodical nature and it is paid in consideration

past employment exercised in the other State, or where 14 [ S.L.123.10 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS instead

the right to annuities a lump sum is paid, this remuneration or this lump sum may be taxed in the State in which it arises.

(3)Any pension and other payment paid out under the provisions

a social security system

one

the States to a resident

the other State may be taxed in the first-mentioned State.

(4)The term, "annuity" means a stated sum paid periodically at stated times during life or during a specified or ascertainable period

time under an obligation to make the payments in return for adequate and full consideration in money or money’s worth. ARTICLE 20 Government Service

(1)(a) Remuneration, other than a pension, paid by one

the States or a political subdivision or a local authority thereof to any individual in respect

services rendered to that State or subdivision or local authority thereof may be taxed in that State. (b) However, such remuneration shall be taxable only in the other State if the services are rendered in that State and the recipient is a resident

that other State who (i) is a national

that State; or (ii) did not become a resident

that State solely for the purpose

performing the services.

(2)(a) Any pension paid by, or out

funds created by, one

the States or a political subdivision or a local authority thereof to any individual in respect

services rendered to that State or subdivision or local authority thereof may be taxed in that State. (b) However, such pension shall be taxable only in the other State if the recipient is a national

and a resident

that State.

(3)The provisions

Articles 16, 17 and 19 shall apply to remuneration or pensions in respect

services rendered in connection with any trade or business carried on by one

the States or a political subdivision or a local authority thereof. ARTICLE 21 Professors and Teachers

(1)Payments which a professor or teacher who is a resident

one

the States and who is present in the other State for the purpose

teaching or scientific research for a maximum period

two years in a university, college or other establishment for teaching or scientific research in that other State, receives for such teaching or research, shall be taxable only in the first-mentioned State.

(2)This Article shall not apply to income from research if such research is undertaken not in the public interest but primarily for the private benefit

a specific person or persons. DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS [ S.L.123.10 15 ARTICLE 22 Students and Trainees

(1)An individual who was a resident

one

the States immediately before visiting the other State and is temporarily present in that other State solely as a student at a university, college, school or other similar educational institution in that other State or as a business apprentice shall, from the date

his first arrival in that other State in connection with that visit, be exempt from tax in that other State (a) on all remittances from abroad for purposes

his maintenance, education or training; and (b) for a period not exceeding in the aggregate five years, on any remuneration not exceeding 5000 guilders, or the equivalent in Malta currency, for each calendar year for personal services rendered in that other State with a view to supplementing the resources available to him for such purposes.

(2)An individual who was a resident

one

the States immediately before visiting the other State and is temporarily present in that other State solely for the purpose

study, research or training as a recipient

a grant, allowance or award from a scientific, educational, religious or charitable organisation or under a technical assistance programme entered into by the Government

one

the States shall, from the date

his first arrival in that other State in connection with that visit, be exempt from tax in that other State (a) on the amount

such grant, allowance or award, and (b) on all remittances from abroad for the purposes

his maintenance, education or training. ARTICLE 23 Other Income

(1)Items

income

a resident

one

the States, wherever arising, not dealt with in the foregoing Articles

this Agreement shall be taxable only in that State.

(2)The provisions

paragraph

(1)shall not apply if the recipient

the income, being a resident

one

the States, carries on business in the other State through a permanent establishment situated therein, or performs in that other State professional services from a fixed base situated therein, and the right or property in respect

which the income is paid is effectively connected with such permanent establishment or fixed base. In such a case, the provisions

Article 7or Article 15, as the case may be, shall apply. CHAPTER IV Taxation and Capital ARTICLE 24 Capital

(1)Capital represented by immovable property, as defined in paragraph
(2)

Article 6, may be taxed in the State in which such property is situated.

(2)Capital represented by movable property forming part

the business 16 [ S.L.123.10 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS property

a permanent establishment

an enterprise, or by movable property pertaining to a fixed base used for the performance

professional services, may be taxed in the State in which the permanent establishment or fixed base is situated.

(3)Notwithstanding the provisions

paragraph

(2), ships and aircraft operated in international traffic and movable property pertaining to the operation

such ships and aircraft shall be taxable only in the State in which the place

effective management

the enterprise is situated. For the purposes

this paragraph the provisions

paragraph

(2)

Article 8shall apply.

(4)All other elements

capital

a resident

one

the States shall be taxable only in that State. CHAPTER V Elimination

Double Taxation ARTICLE 25 Elimination

Double Taxation

(1)The Netherlands, when imposing tax on its residents, may include in the basis upon which such taxes are imposed the items

income or capital which, according to the provisions

this Agreement, may be taxed in Malta.

(2)Without prejudice to the application

the provisions concerning the compensation

losses in the unilateral regulations for the avoidance

double taxation, the Netherlands shall allow a deduction from the amount

tax computed in conformity with paragraph

(1)

this Article equal to such part

that tax which bears the same proportion to the aforesaid tax, as the part

the income or capital which is included in the basis referred to in paragraph

(1)

this Article and may be taxed in Malta according to Articles 6 and 7, paragraph

(5)

Article 10, paragraph

(5)

Article 11, paragraph

(3)

Article 12, paragraphs

(1)and
(2)

Article 14, Article 15, paragraph

(1)

Article 16, paragraph

(3)

Article 19, Article 20, paragraph

(2)

Article 23, and paragraphs

(1)and
(2)

Article 24

this Agreement, bears to the total income or capital which forms the basis referred to in paragraph

(1)

this Article.

(3)Further the Netherlands shall allow a deduction from the tax computed in accordance with the preceding paragraphs

this Article with respect to the items

income which may be taxed in Malta according to paragraph

(2)

Article 11, paragraph

(2)

Article 12, paragraph

(1)

Article 17, Article 18 and paragraph

(2)

Article 19and are included in the basis referred to in paragraph

(1)

this Article. The amount

this deduction shall be the lesser

the following amounts: (

  1. i)the amount equal to the Malta tax; (
  2. ii)the amount

the Netherlands tax which bears the same proportion to the amount

tax computed in conformity with paragraph

(1)

this Article, as the amount

the said items

income bears to the amount

income which forms the basis referred to in paragraph

(1)

this Article.

(4)Notwithstanding the provisions

paragraph

(2), the Netherlands shall allow a deduction from the tax computed in accordance with the preceding paragraphs

this Article with respect to income which may be taxed in Malta according to Article 7, if such income is subject in Malta to a special regime as meant in Article 30. DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS [ S.L.123.10 17 The amount

this deduction shall be the lesser

the following amounts: (

  1. i)the amount equal to the Malta tax; (
  2. ii)the amount

the Netherlands tax which bears the same proportion to the amount

tax computed in conformity with paragraph

(1)

this Article, as the amount

the said items

income bears to the amount

income which forms the basis referred to in paragraph

(1)

this Article.

(5)Where, by reason

special incentive measures designed to promote economic development in Malta, the Malta tax actually levied on interest and royalties (other than royalties in respect

cinematographic films or tapes for television and broadcasting) arising in Malta is lower than the tax Malta may levy according to paragraph

(2)

A rt ic le 11 and para graph

(2)

A r ti c l e 1 2, respectively, then the amount equal to the Malta tax referred to in sub-paragraph (i)

paragraph

(3)on such interest and royalties shall be deemed to be 10 per cent

the gross amount thereof.

(6)Subject to the provisions

the law

Malta regarding the allowance

a credit against Malta tax in respect

foreign tax (which shall not affect the general principle hereof) and saving the provisions

paragraph

(7), where there is included in a Malta assessment income or capital which, in accordance with the provisions

this Agreement, may be taxed in the Netherlands, the Netherlands tax on such income or capital, as the case may be, shall be allowed as a credit against the relative Malta tax payable thereon.

(7)Where a resident

one

the States derives gains which may be taxed in the other State in accordance with paragraph

(5)

Article 14

, that other State shall allow a deduction from its tax on such gains to an amount equal to the tax levied in the first-mentioned State on the said gains. CHAPTER VI Special Provisions ARTICLE 26 Non-discrimination

(1)The nationals

one

the States, whether they are residents

that State or not, shall not be subjected in the other State to any taxation or any requirement connected therewith which is other or more burdensome than the taxation and connected requirements to which nationals

that other State in the same circumstances are or may be subjected.

(2)The taxation on a permanent establishment which an enterprise

one

the States has in the other State shall not be less favourably levied in that other State than the taxation levied on enterprises

that other State carrying on the same activities. This provision shall not be construed as obliging one

the States to grant to residents

the other State any personal allowances, reliefs and reductions for taxation purposes on account

civil status or family responsibilities which it grants to its own residents.

(3)Except where the provisions

paragraph

(1)

Article 9, paragraph

(7)

Article 11, or paragraph

(5)

Article 12

, apply, interest, royalties and other disbursements paid by an enterprise

one

the States to a resident

the other State shall, for the purpose

determining the taxable profits

such enterprise, be deductible under the same conditions as if they had been paid to a resident

the 18 [ S.L.123.10 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS first-mentioned State. Similarly, any debts

an enterprise

one

the States to a resident

the other State shall, for the purpose

determining the taxable capital

such enterprise, be deductible as if they had been contracted to a resident

the firstmentioned State.

(4)Enterprises

one

the States, the capital

which is wholly or partly owned or controlled, directly or indirectly, by one or more residents

the other State, shall not be subjected in the first-mentioned State to any taxation or any requirement connected therewith which is other or more burdensome than the taxation and connected requirements to which other similar enterprises

that firstmentioned State are or may be subjected.

(5)In this Article the term "taxation" means taxes

every kind and description. ARTICLE 27 Mutual Agreement Procedure

(1)Where a resident

one

the States considers that the actions

one or both

the States result or will result for him in taxation not in accordance with this Agreement, he may, notwithstanding the remedies provided by the national laws

those States, present his case to the competent authority

the State

which he is a resident, or, in any case referred to in paragraph

(1)

Article 26

, to that

the State

which he is a national. This case must be presented within three years from the first notification

the action giving rise to taxation not in accordance with the Agreement.

(2)The competent authority shall endeavour, if the objection appears to it to be justified and if it is not itself able to arrive at an appropriate solution, to resolve the case by mutual agreement with the competent authority

the other State, with a view to the avoidance

taxation not in accordance with the Agreement. Any agreement reached shall be implemented notwithstanding any time limits in the national laws

the States.

(3)The competent authorities

the States shall endeavour to resolve by mutual agreement any difficulties or doubts arising as to the interpretation or application

the Agreement. They may also consult together for the elimination

double taxation in cases not provided for in the Agreement.

(4)The competent authorities

the States may communicate with each other directly for the purpose

reaching an agreement in the sense

the preceding paragraphs. ARTICLE 28 Exchange

Information

(1)The competent authorities

the States shall exchange such information as is necessary for the carrying out

this Agreement or

the domestic laws

the States concerning taxes covered by this Agreement insofar as the taxation thereunder is not contrary to this Agreement. The exchange

information is not restricted by Article 1. Any information received by one

the States shall be treated as secret in the same manner as information obtained under the domestic laws

that State and shall be disclosed only to persons or authorities (including courts and administrative bodies) involved in the assessment or collection

, the enforcement or prosecution in respect

, or the determination

appeals in relation to, the taxes which are the subject

the Agreement. Such persons or authorities shall use the information only for such purposes. These persons or authorities may disclose the information in DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS [ S.L.123.10 19 public court proceedings or in judicial decisions.

(2)In no case shall the provisions

paragraph

(1)be construed so as to impose on one

the States the obligation (a) to carry out administrative measures at variance with the laws or the administrative practice

that or

the other State; (b) to supply particulars which are not obtainable under the laws or in the normal course

the administration

that or

the other State; (c) to supply information which would disclose any trade, business, industrial, commercial, or professional secret or trade process, or information, the disclosure

which would be contrary to public policy. ARTICLE 29 Diplomatic and Consular

ficials Nothing in this Agreement shall affect the fiscal privileges

diplomatic or consular

ficials under the general rules

international law or under the provisions

special agreements. ARTICLE 30 Exclusion

Certain Companies or Other Persons

(1)This Agreement is not applicable to companies or other persons which are wholly or partly exempted from tax by a special regime under the laws

either one

the States. It is also not applicable to income from such companies or other persons derived by a resident

the other State, nor to shares, ''jouissance'' rights or interests in such companies or other persons.

(2)The provisions

paragraph

(1)

this Article are also applicable in case a company or other person is treated under the administrative practice

that State in the same or similar way as a company or person as meant in that paragraph.

(3)The competent authorities

the States shall by mutual agreement decide which special regime is meant in the provisions

paragraph

(1)

this Article. The provisions

paragraph

(1)are also applicable to any identical or substantially similar legislation in addition to or replacing such a special regime enacted after 1 January 1993 unless the competent authorities

the States decide otherwise by mutual agreement. ARTICLE 31 Regulations

(1)The competent authorities

the States shall by mutual agreement settle the mode

application

paragraphs

(2)and
(3)

Article 10

,

paragraphs

(2)and
(3)

Article 11

, and

paragraphs

(1)and
(2)

Article 12.

(2)The competent authorities

each

the States, in accordance with the practices

that State, may prescribe regulations necessary to carry out the other provisions

this Agreement. ARTICLE 32 Territorial extension 20 [ S.L.123.10 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS

(1)This Agreement may be extended, either in its entirety or with any necessary modifications, to the Netherlands Antilles, or Aruba, if the country concerned imposes taxes substantially similar in character to those to which this Agreement applies. Any such extension shall take effect from such date and subject to such modifications and conditions, including conditions as to termination, as may be specified and agreed in notes to be exchanged through diplomatic channels.
(2)Unless otherwise agreed the termination

the Agreement shall not

itself also terminate any extension

the Agreement to the Netherlands Antilles, or Aruba. CHAPTER VII Final Provisions ARTICLE 33 Entry into Force

(1)The Governments

the States shall notify to each other that the constitutional requirements for the entry into force

this Agreement have been complied with.

(2)The Agreement shall enter into force thirty days after the date

the later

the notifications referred to in paragraph

(1)and its provisions shall have effect (a) in respect

taxes on income derived on or after the first day

January, 1976; (b) in respect

taxes on capital levied as from the first day

January, 1976. ARTICLE 34 Termination This Agreement shall remain in force until terminated by the Government

one

the States. Either State may terminate the Agreement through diplomatic channels, by giving notice

termination at least six months before the end

any calendar year after the year 1981. In such event the Agreement shall cease to have effect (a) in respect

taxes on income derived on or after the first day

January next following the year during which notice

termination has been given. (b) in respect

taxes on capital levied as from the first day

January next following the year during which notice

termination has been given. IN WITNESS WHEREOF the undersigned, duly authorized thereto, have signed this Agreement. DONE at The Hague this 18th day

May, 1977, in duplicate, in the Netherlands DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS [ S.L.123.10 21 and English languages, both texts being equally authentic. FOR THE GOVERNMENT

THE REPUBLIC

MALTA, FOR THE GOVERNMENT

THE KINGDOM

THE NETHERLANDS, (sd.) G. AGIUS (sd.) M. VAN DER STOEL PROTOCOL At the moment

signing the Agreement for the avoidance

double taxation and the prevention

fiscal evasion with respect to taxes on income and on capital, this day concluded between the Kingdom

the Netherlands and the Republic

Malta, the undersigned have agreed that the following provisions shall form an integral part

the Agreement. I. AD ARTICLE 4 An individual living aboard a ship without having a permanent home in either

the States shall be deemed to be a resident

the State in which the ship has its home harbour. II. AD ARTICLES 5 AND 7 Except with regard to re-insurance, the provisions

Articles 5 and 7

the Agreement shall not affect the provisions

the law

either State regarding the taxation

profits from the business

insurance III. AD ARTICLES 8, 14 AND 24

(1)Notwithstanding the provisions

Article 8

, profits from the operation

ships in international traffic derived by a company which is a resident

Malta, may be taxed in the Netherlands, unless the company proves that such profits are not relieved from Malta tax under the provisions

the Merchant Shipping Act, or under any identical or similar provision. The foregoing sentence, however, shall not apply if the company proves that not more than 25 per cent

its capital is owned, directly or indirectly, by persons who are not residents

Malta.

(2)The provisions

paragraph

(1)shall apply accordingly to capital gains referred to in paragraph
(3)

Article 14and to capital referred to in paragraph

(3)

Article 24. IV. AD ARTICLE 10

(1)The provisions

sub-paragraph (a)

paragraph

(2)

Article 10

shall not apply if the relation between the two companies has been arranged or is maintained primarily with the intention

securing this reduction.

(2)It is understood that the reference in the second sentence

paragraph

(3)

Article 10

to the provisions

the Netherlands law to the effect that the receiving company is not charged to Netherlands company tax in respect

the profits distributed by a Malta company, is to the application

the so called "holding privilege" in the Netherlands Company Tax Act. Subject to the provisions

the said Act and to future amendments thereto, this "holding privilege" leads to the result that a company which is a resident

the Netherlands can leave out

account, in the computation

its taxable profits, dividends it receives from a company which is a 22 [ S.L.123.10 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS resident

Malta, if it owns at least 5 per cent

the paid-up capital

the latter company. V. AD ARTICLES 10, 11 AND 12 Applications for the repayment

tax levied contrary to the provisions

Articles 10, 11 and 12 have to be lodged with the competent authority

the State, which has levied the tax, within a period

three years after the expiration

the calendar year in which the tax has been levied. VI. AD ARTICLES 24 AND 25 The provisions on the taxation

capital in Article 24 and the provisions with respect to the elimination

double taxation with respect to capital in paragraph

(2)

Article 25

the Agreement will not apply as long as Malta does not levy a tax on capital. VII. AD ARTICLE 25 It is understood that, insofar as the Netherlands income tax or company tax is concerned, the basis referred to in paragraph

(1)

Article 25

is the "onzuivere inkomen" or "winst" in terms

the Netherlands Income Tax Law or Company Tax Law, respectively. VIII. AD ARTICLE 25 Notwithstanding Article 34

the Agreement the provision

paragraph

(5)

Article 25

shall cease to have effect after the last day

December, 1997, unless the competent authorities decide otherwise in mutual agreement. IX. AD ARTICLES 28 AND 30

(1)It is understood that provisions on confidentiality in a special regime as meant in Article 30 or such provisions in any identical or substantially similar enactment in addition to or replacing this special regime, shall not impose any restrictions on the exchange

information as meant in Article 28

the Agreement in those cases where the Maltese competent authority and the relative authority vested with the administration

such special regime agree that sufficient evidence exists to warrant criminal proceedings.

(2)It is also understood that provisions in legislation enacted after 1 January, 1994 on confidentiality, identical to or replacing provisions on confidentiality in the special regime as meant in Article 30

the Agreement, shall not impose any restrictions on the exchange

information as meant in Article 28

the Agreement in case

suspicion

tax avoidance or tax evasion. IN WITNESS WHEREOF the undersigned, duly authorized thereto, have signed this Protocol. DONE at The Hague this 18th day

May, 1977, in duplicate, in the Netherlands DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE KINGDOM

THE NETHERLANDS [ S.L.123.10 23 and English languages, both texts being equally authentic. FOR THE GOVERNMENT

THE REPUBLIC

MALTA, FOR THE GOVERNMENT

THE KINGDOM

THE NETHERLANDS, (SD.) G. AGIUS (SD.) M. VAN DER STOEL

🔗 Għas-sors uffiċjali

AI explanation based on the official legal text. Indicative, not a substitute for legal advice.