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L.S. 123.35 Ordni dwar Eżenzjoni mill-Ħlas ta' Taxxa Doppja fuq l-Income mar-Renju Unit tal-Gran Brittanja u l-Irlanda ta' Fuq

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DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND [ S.L.123.35 SUBSIDIARY LEGISLATION 123.35 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND ORDER 27th March, 1995 LEGAL NOTICE 105

1995, as modified by S.L.123.183 *. 1. The title

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

Great Britain and Northern Ireland Order. 2. It is hereby declared (a) that the arrangements specified in the Convention set out in the Schedule to this Order have been made with the Government

the United Kingdom

Great Britain and Northern Ireland with a view to affording relief from double taxation in relation to the following taxes imposed by the laws

the United Kingdom

Great Britain and Northern Ireland: (

  1. i)the income tax; (
  2. ii)the corporation tax; and (iii) the capital gains tax; (
  3. b)that it is expedient that those arrangements should have effect. *https://cfr.gov.mt/en/inlandrevenue/itu/Documents/Malta%20%20UK%20DTA%20(synthesised%20text).pdf Title. Arrangements to have effect. 1 [ S.L.123.35 2 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND SCHEDULE CONVENTION BETWEEN MALTA AND THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND FOR THE AVOIDANCE

DOUBLE TAXATION AND THE PREVENTION

FISCAL EVASION WITH RESPECT TO TAXES ON INCOME AND CAPITAL GAINS The Government

Malta and the Government

the United Kingdom

Great Britain and Northern Ireland, desiring to conclude a new Convention for the avoidance

double taxation and the prevention

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

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

one or both

the Contracting States. ARTICLE 2 Taxes Covered

(1)The existing taxes to which this Convention shall apply are: (a) in the case

the United Kingdom: (

  1. i)the income tax; (
  2. ii)the corporation tax; and (iii) the capital gains tax; (hereinafter referred to as "United Kingdom tax"); (
  3. b)in the case

Malta: the income tax, (hereinafter referred to as "Malta tax").

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

signature

this Convention in addition to, or in place

, the existing taxes. The competent authorities

the Contracting States shall notify each other

any significant changes which have been made in their respective taxation laws.

(3)Notwithstanding the other provisions

this Article this Convention shall not apply to tax paid or payable in Malta in accordance with the provisions

subarticle

(13)

article 56

the Income Tax Act concerning the chargeable income

any person engaged in the production

petroleum produced in Malta or any substantially similar provision which is imposed after the date

signature

this Convention. DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND [ S.L.123.35 3 CHAPTER II Definitions ARTICLE 3 General Definitions

(1)For the purposes

this Convention, unless the context otherwise requires: (a) The term "United Kingdom" means Great Britain and Northern Ireland, including any area outside the territorial sea

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

the United Kingdom concerning the Continental Shelf, as an area within which the rights

the United Kingdom with respect to the sea bed and subsoil and their natural resources may be exercised; (b) the term "Malta", 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 law

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; (

  1. c)the terms "a Contracting State" and "the other Contracting State" mean the United Kingdom or Malta as the context requires; (
  2. d)the term "person" comprises an individual and (
  3. i)in relation to the United Kingdom, also a company or any other body

persons but does not include a partnership; (ii) in relation to Malta, also 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

a Contracting State" and "enterprise

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

a Contracting State and an enterprise carried on by a resident

the other Contracting State; (

  1. g)the term "national" means: (
  2. i)in relation to the United Kingdom, any British citizen, or any British subject not possessing the citizenship

any other Commonwealth country or territory, provided he has the right

abode in the United Kingdom; and any legal person, partnership, association or other entity deriving its status as such from the law in force in the United Kingdom; (ii) in relation to Malta, any citizen

Malta and any legal person, partnership, association or other entity 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

a Contracting State, except when the ship or aircraft is operated solely between places in the other Contracting State; (i) the term "competent authority" means: (i) in the case

the United Kingdom, the Commissioners

Inland Revenue or their authorised representative; [ S.L.123.35 4 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND (ii) in the case

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

(2)In the application

this Convention by a Contracting State any term not otherwise defined shall, unless the context otherwise requires, have the meaning which it has under the laws

that State concerning the taxes to which this Convention applies. ARTICLE 4 Resident

(1)For the purposes

this Convention, the term "resident

a Contracting State" means any person who, under the laws

that State, is liable to tax therein by reason

his domicile, residence, place

management or any other criterion

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

income or capital gains from sources therein.

(2)Where by reason

the provisions

paragraph

(1)

this Article an individual is a resident

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

the Contracting 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 solely

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

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

vital interests cannot be determined, or if he has no permanent home available to him in either Contracting State, he shall be deemed to be a resident solely

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

them, he shall be deemed to be a resident solely

the Contracting State

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

both Contracting States or

neither

them, the competent authorities

the Contracting States shall settle the question by mutual agreement.

(3)Where by reason

the provisions

paragraph

(1)

this Article a person other than an individual is a resident

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

the Contracting State in which its place

effective management is situated. ARTICLE 5 Permanent Establishment

(1)For the purposes

this Convention the term "permanent establishment" means a fixed place

business through which the business

an enterprise is wholly or partly carried on.

(2)The term "permanent establishment" includes especially (a) a place

management; (

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

fice; DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND [ S.L.123.35 5 (

  1. d)a factory; (
  2. e)a workshop; (
  3. f)an installation or structure for the exploration

natural resources; (g) a mine, an oil or gas well, a quarry or any other place

extraction

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

(3)Notwithstanding the preceding provisions

this Article, the term "permanent establishment" shall be deemed not 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

collecting information, for the enterprise; (e) the maintenance

a fixed place

business solely for the purpose

carrying on, for the enterprise, any other activity

a preparatory or auxiliary character; (f) the maintenance

a fixed place

business solely for any combination

activities mentioned in sub-paragraphs (a) to (e)

this paragraph, provided that the overall activity

the fixed place

business resulting from this combination is

a preparatory or auxiliary character.

(4)Notwithstanding the provisions

paragraphs

(1)and
(2)

this Article where a person - other than an agent

an independent status to whom paragraph

(5)

this Article applies - is acting on behalf

an enterprise and has, and habitually exercises, in a Contracting State an authority to conclude contracts on behalf

the enterprise, that enterprise shall be deemed to have a permanent establishment in that State in respect

any activities which that person undertakes for the enterprise, unless the activities

such person are limited to those mentioned in paragraph

(3)

this Article which, if exercised through a fixed place

business, would not make this fixed place

business a permanent establishment under the provisions

that paragraph.

(5)An enterprise

a Contracting State shall not be deemed to have a permanent establishment in the other Contracting 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. However, if the activities

such an agent are carried out wholly or almost wholly for the enterprise (or for the enterprise and other enterprises which are controlled by it or have a controlling interest in it or are subject to the same common control) and the conditions made or imposed between them in their commercial or financial relations differ from those which would have been made or imposed if this had not been the case, that agent shall not be considered to be an agent

an independent status for the purposes

this paragraph.

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

a Contracting State controls or is controlled by a company which is a resident

the other Contracting State, or 6 [ S.L.123.35 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND which carries 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 Taxation

Income ARTICLE 6 Income from Immovable Property

(1)Income derived by a resident

a Contracting State from immovable property (including income from agriculture and forestry) situated in the other Contracting State may be taxed in that other State.

(2)The term "immovable property" shall have the meaning which it has under the law

the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions

general law respecting immovable or landed property apply, usufruct

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

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

(3)The provisions

paragraph

(1)

this Article shall apply to income derived from the direct use, letting, or use in any other form

immovable property.

(4)The provisions

paragraphs

(1)and
(3)

this Article shall also apply to the income from immovable property

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

independent personal services. ARTICLE 7 Business Profits

(1)The profits

an enterprise

a Contracting State shall be taxable only in that State unless the enterprise carries on business in the other Contracting 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)

this Article, where an enterprise

a Contracting State carries on business in the other Contracting State through a permanent establishment situated therein, there shall in each Contracting State be attributed to that permanent 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 or with other enterprises which are controlled by the first-mentioned enterprise or have a controlling interest in it or are subject to the same common control.

(3)In the determination

the profits

a permanent establishment, there shall be allowed as deductions expenses

the enterprise, being expenses which are incurred for the purposes

the permanent establishment (including executive and general administrative expenses so incurred) and which would be deductible if the permanent establishment were an independent entity which paid those expenses, whether incurred in the Contracting State in which the permanent establishment is DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND [ S.L.123.35 7 situated or elsewhere.

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

the mere purchase by that permanent establishment

goods or merchandise for the enterprise.

(5)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.

(6)The provisions

this Article shall not affect the application

the provisions

the law

a Contracting State regarding the taxation

profits from the business

insurance.

(7)Where profits include items

income or capital gains which are dealt with separately in other Articles

this Convention, then the provisions

those Articles shall not be affected by the provisions

this Article. ARTICLE 8 Shipping and Air Transport

(1)Profits derived by a resident

a Contracting State from the operation

ships or aircraft in international traffic shall be taxable only in that State.

(2)For the purposes

this Article, profits from the operation

ships or aircraft in international traffic include: (a) income from the rental on a bareboat basis

ships or aircraft; and (b) profits from the use, maintenance or rental

containers (including trailers and related equipment for the transport

containers) used for the transport

goods or merchandise; where such rental or such use, maintenance or rental, as the case may be, is incidental to the operation

ships or aircraft in international traffic.

(3)Where profits within paragraphs
(1)and
(2)

this Article are derived by a resident

a Contracting State from participation in a pool, a joint business or an international operating agency, the profits attributable to that resident shall be taxable only in the Contracting State

which he is a resident. ARTICLE 9 Associated Enterprises

(1)Where (a) an enterprise

a Contracting State participates directly or indirectly in the management, control or capital

an enterprise

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

an enterprise

a Contracting State and an enterprise

the other Contracting 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 by a Contracting State in the profits

that enterprise and taxed accordingly. [ S.L.123.35 8 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND

(2)Where a Contracting State includes in the profits

an enterprise

that State, and taxes accordingly, profits on which an enterprise

the other Contracting State has been charged to tax in that other State and the profits so included are profits which would have accrued to that enterprise

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

the tax charged therein on those profits. In determining such adjustment, due regard shall be had to the other provisions

this Convention and the competent authorities

the Contracting States shall if necessary consult each other. ARTICLE 10 Dividends

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

the United Kingdom to a resident

Malta may be taxed in Malta.

(2)An individual who is a resident

Malta and who receives a dividend from a company which is a resident

the United Kingdom, shall, subject to the provisions

this Article and provided that he is the beneficial owner

that dividend, be entitled: (a) to a tax credit in respect thereof

an amount equal to the tax credit to which an individual resident in the United Kingdom would have been entitled had he received that dividend (in this Article referred to as "the resident’s tax credit") less 15 per cent

the aggregate

the amount or value

that dividend and the amount

the resident’s tax credit, and (b) to payment

any amount by which the tax credit to which he is entitled by virtue

sub-paragraph (a) exceeds his liability to tax in the United Kingdom.

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

Malta to a resident

the United Kingdom may be taxed in the United Kingdom. Such dividends may also be taxed in Malta and according to the laws

Malta, but if the recipient is the beneficial owner

the dividends the tax so charged shall not exceed that chargeable on the profits out

which the dividends are paid.

(4)The term "dividends" as used in this Article means income from shares, or other rights not being debt-claims, participating in profits, as well as income from other corporate rights assimilated to income from shares by the taxation laws

the State

which the company making the distribution is a resident and also includes any other item which, under the laws

the Contracting State

which the company paying the dividend is a resident, is treated as a dividend or distribution

a company.

(5)The provisions

paragraph

(2)or, as the case may be,
(3)

this Article shall not apply if the beneficial owner

the dividends, being a resident

a Contracting State, carries on business in the other Contracting State

which the company paying the dividends is a resident, through a permanent establishment situated therein, or performs in that other State independent personal 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 7

or Article 14

this Convention, as the case may be, shall apply.

(6)Where a company which is a resident

a Contracting State derives profits DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND [ S.L.123.35 9 or income from the other Contracting 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 on undistributed profits, even if the dividends paid or the undistributed profits consist wholly or partly

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

(1)Interest arising in a Contracting State and paid to a resident

the other Contracting State may be taxed in that other State.

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

that State, but if the recipient is the beneficial owner

the interest and subject to tax in respect

the interest in the other Contracting State the tax so charged shall not exceed 10 per cent

the gross amount

the interest.

(3)The term "interest" as used in this Article means income from debt-claims

every kind, whether or not secured by mortgage and whether or not carrying a right to participate in the debtor’s profits, and in particular, income from government securities and income from bonds or debentures. The term "interest" shall not include any item which is treated as a distribution under the provisions

Article 10

this Convention.

(4)The provisions

paragraphs

(1)and
(2)

this Article shall not apply if the beneficial owner

the interest, being a resident

a Contracting State, carries on business in the other Contracting State in which the interest arises, through a permanent establishment situated therein, or performs in that other State independent personal 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 case the provisions

Article 7

or Article 14

this Convention, as the case may be, shall apply.

(5)Interest shall be deemed to arise in a Contracting State when the payer is that State itself, a political subdivision, a local authority or a resident

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

a Contracting State or not, has in a Contracting State a permanent establishment or fixed base in connection with which the indebtedness on which the interest is paid was incurred, and such interest is borne by such permanent establishment or fixed base, then such interest shall be deemed to arise in the State in which the permanent establishment or fixed base is situated.

(6)Where, by reason

a special relationship between the payer and the beneficial owner or between both

them and some other person, the amount

the interest paid exceeds, for whatever reason, the amount which would have been agreed upon by the payer and the beneficial owner in the absence

such relationship, the provisions

this Article shall apply only to the last-mentioned amount

interest. In such case, the excess part

the payments shall remain taxable according to the laws

each Contracting State, due regard being had to the other provisions

this Convention.

(7)The provisions

this Article shall not apply if it was the main purpose or one

the main purposes

any person concerned with the creation or assignment

the debt-claim in respect

which the interest is paid to take advantage

this 10 [ S.L.123.35 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND Article by means

that creation or assignment.

(8)Notwithstanding the provisions

paragraph

(2)

this Article, interest arising in a Contracting State shall be exempt from tax in that State if it is derived and beneficially owned by the Government

the other Contracting State or a local authority thereof or any agency or instrumentality

that Government or local authority.

(9)Notwithstanding the provisions

Article 7

this Convention and

paragraph

(2)

this Article, interest arising in a Contracting State which is paid to and beneficially owned by a resident

the other Contracting State shall be exempt from tax in the first-mentioned Contracting State if it is paid in respect

a loan made, guaranteed or insured, or any other debt-claim or credit guaranteed or insured by an institution beneficially owned by the Government

the Contracting State or any agency or instrumentality

that Government. ARTICLE 12 Royalties

(1)Royalties arising in a Contracting State and paid to a resident

the other Contracting State may be taxed in that other State.

(2)However, such royalties may also be taxed in the Contracting State in which they arise and according to the laws

that State, but if the recipient is the beneficial owner

the royalties and subject to tax in respect

the royalties in the State

which he is a resident, the tax so charged shall not exceed 10 per cent

the gross amount

the royalties.

(3)The term "royalties" in this Article means payments or credits, whether periodical or not, and however described or computed, to the extent to which they are made as consideration for: (a) the use

, or the right to use, any copyright, patent, design or model, plan, secret formula or process, trademark or other like property or right; (b) the supply

scientific, technical, industrial or commercial knowledge or information (know-how); (c) the supply

any assistance in the State

which the payer

the royalties is resident that is ancillary and subsidiary to, and is furnished as a means

enabling the application or enjoyment

any such property or right as is mentioned in sub-paragraph (a), or any such knowledge or information as is mentioned in sub-paragraph (b); (d) total or partial forbearance in respect

the use or supply

any property or right referred to in this paragraph.

(4)The provisions

paragraphs

(1)and
(2)

this Article shall not apply if the beneficial owner

the royalties, being a resident

a Contracting State, carries on business in the other Contracting State in which the royalties arise, through a permanent establishment situated therein, or performs in that other Contracting State independent personal 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 case the provisions

Article 7

or Article 14

this Convention, as the case may be, shall apply.

(5)Royalties shall be deemed to arise in a Contracting State when the payer is that State itself, a political subdivision, a local authority or a resident

that State. DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND [ S.L.123.35 11 Where, however, the person paying the royalties, whether he is a resident

a Contracting State or not, has in a Contracting State a permanent establishment or fixed base in connection with which the obligation to pay the royalties was incurred, and such royalties are borne by such permanent establishment or fixed base, then such royalties shall be deemed to arise in the State in which the permanent establishment or fixed base is situated.

(6)Where, by reason

a special relationship between the payer and the beneficial owner or between both

them and some other person, the amount

the royalties exceeds, for whatever reason, the amount which would have been agreed upon by the payer and the beneficial owner in the absence

such relationship, the provisions

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

the payments shall remain taxable according to the laws

each Contracting State, due regard being had to the other provisions

this Convention.

(7)The provisions

this Article shall not apply if it was the main purpose or one

the main purposes

any person concerned with the creation or assignment

the rights in respect

which the royalties are paid to take advantage

this Article by means

that creation or assignment. ARTICLE 13 Alienation

Property

(1)Income or gains derived by a resident

a Contracting State from the alienation

immovable property referred to in Article 6

this Convention and situated in the other Contracting State may be taxed in that other State.

(2)Income or gains derived by a resident

a Contracting State from the alienation

: (a) shares, other than shares quoted on an approved Stock Exchange, deriving their value or the greater part

their value directly or indirectly from immovable property situated in the other Contracting State, or (b) an interest in a partnership or trust the assets

which consist principally

immovable property situated in the other Contracting State, or

shares referred to in sub-paragraph (a) above, may be taxed in that other State.

(3)Income or gains from the alienation

movable property forming part

the business property

a permanent establishment which an enterprise

a Contracting State has in the other Contracting State or

movable property pertaining to a fixed base available to a resident

a Contracting State in the other Contracting State for the purpose

performing independent personal services, including such income or gains from the alienation

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

such fixed base, may be taxed in that other State.

(4)Income or gains derived by a resident

a Contracting State from the alienation

ships or aircraft operated in international traffic by an enterprise

a Contracting State or movable property pertaining to the operation

such ships or aircraft, shall be taxable only in that Contracting State.

(5)Income or gains from the alienation

any property other than that referred to in paragraphs

(1),
(2),
(3)and
(4)

this Article shall be taxable only in the Contracting State

which the alienator is a resident provided that such income or gains are subject to tax in that Contracting State. 12 [ S.L.123.35 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND

(6)The provisions

paragraph

(5)

this Article shall not affect the right

a Contracting State to levy according to its law a tax on income or capital gains from the alienation

any property derived by an individual who is a resident

the other Contracting State and has been a resident

the first-mentioned Contracting State at any time during the five years immediately preceding the alienation

the property. ARTICLE 14 Independent Personal Services

(1)Income derived by a resident

a Contracting State in respect

professional services or activities

an independent character shall be taxable only in that State. However, such income may be taxed in the other Contracting State in the following circumstances: (a) if he has a fixed base regularly available to him in the other Contracting State for the purpose

performing his activities (in which case only so much

the income as is attributable to that fixed base may be taxed in that other Contracting State); or (b) if his stay in the other Contracting State is for a period or periods amounting to or exceeding in the aggregate 183 days during any calendar year.

(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 15 Dependent Personal Services

(1)Subject to the provisions

Articles 16, 18, and 19

this Convention, salaries, wages and other similar remuneration derived by a resident

a Contracting State in respect

an employment shall be taxable only in that State unless the employment is exercised in the other Contracting 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)

this Article, remuneration derived by a resident

a Contracting State in respect

an employment exercised in the other Contracting State shall be taxable only in the first-mentioned State if: (a) the recipient is present in the other State for a period or periods not exceeding in the aggregate 183 days within any period

twelve months; and (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 in respect

an employment exercised aboard a ship or aircraft operated in international traffic may be taxed in the Contracting State

which the enterprise operating the ship or aircraft is a resident. DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND [ S.L.123.35 13 ARTICLE 16 Directors’ Fees Directors’ fees and similar payments derived by a resident

one

the Contracting States in his capacity as a member

the board

directors, or other comparable body however described,

a company which is a resident

the other Contracting State may be taxed in that other State. ARTICLE 17 Artistes and Sportsmen

(1)Notwithstanding the provisions

Articles 14 and 15

this Convention, income derived by a resident

a Contracting State as an entertainer such as a theatre, motion picture, radio or television artiste or a musician, or as a sportsman, from his personal activities as such exercised in the other Contracting State, may be taxed in that other State.

(2)Where income in respect

personal activities exercised by an entertainer or a sportsman in his capacity as such accrues not to the entertainer or sportsman himself but to another person, that income may, notwithstanding the provisions

Articles 7, 14 and 15

this Convention, be taxed in the Contracting State in which the activities

the entertainer or sportsman are exercised. ARTICLE 18 Pensions

(1)Subject to the provisions

paragraph

(2)

Article 19

this Convention, pensions and other similar remuneration paid in consideration

past employment, or any annuity paid, to an individual who is a resident

a Contracting State shall be taxable only in that State.

(2)The term "annuity" means a stated sum payable 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 19 Government Service

(1)(a) Remuneration, other than a pension, paid by a Contracting State or a political subdivision or a local authority thereof, to an individual in respect

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

that State who: (i) is a national

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

that State solely for the purpose

rendering the services.

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

funds created by, a Contracting State or a political subdivision or a local authority thereof to an individual in respect

services rendered to that State or subdivision or authority shall be taxable only in 14 [ S.L.123.35 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND that State. (b) However, such pension shall be taxable only in the other Contracting State if the individual is a resident

, and a national

, that State.

(3)The provisions

Articles 15, 16 and 18

this Convention shall apply to remuneration and pensions in respect

services rendered in connection with any business carried on by a Contracting State or a political subdivision or a local authority thereof. ARTICLE 20 Students and Trainees An individual who is or was a resident

a Contracting State immediately before making a visit to the other Contracting State and is present in the other State solely: (

  1. a)as a student at a recognised university, college, school or other similar recognised educational institution in that other State; or (
  2. b)as a business or technical apprentice; or (
  3. c)as a recipient

a grant, allowance or award for the primary purpose

study, research or training from the Government

either State or from a scientific, educational, religious, or charitable organisation or under a technical assistance programme entered into by the Government

either State; shall be exempt from tax in that other State on: (i) all remittances from abroad for the purposes

his maintenance, education, study, research or training; and (ii) the amount

such grant, allowance or award. ARTICLE 21 Other Income

(1)Items

income

a resident

a Contracting State, wherever arising, which are not dealt with in the foregoing Articles

this Convention, other than income paid out

trusts or the estates

deceased persons in the course

administration, and which are subject to tax in that State shall be taxable only in that State.

(2)The provisions

paragraph

(1)

this Article shall not apply to income, other than income from immovable property as defined in paragraph

(2)

Article 6

this Convention, if the recipient

such income, being a resident

a Contracting State, carries on business in the other Contracting State through a permanent establishment situated therein, or performs in that other State independent personal 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 case, the provisions

Article 7

or Article 14

this Convention, as the case may be, shall apply.

(3)The provisions

this Article shall not apply if it was the main purpose or one

the main purposes

any person considered with the creation or assignment

the rights in respect

which the income is paid to take advantage

this Article by means

that creation or assignment. CHAPTER IV DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND [ S.L.123.35 15 Elimination

Double Taxation ARTICLE 22 Elimination

Double Taxation

(1)Subject to the provisions

the law

the United Kingdom regarding the allowance as a credit against United Kingdom tax

tax payable in a territory outside the United Kingdom (which shall not affect the general principle hereof): (a) Malta tax payable under the laws

Malta and in accordance with this Convention, whether directly or by deduction, on profits, income or chargeable gains from sources within Malta (excluding in the case

a dividend, tax payable in respect

the profits out

which the dividend is paid) shall be allowed as a credit against any United Kingdom tax computed by reference to the same profits, income, or chargeable gains by reference to which the Malta tax is computed; (b) in the case

a dividend paid by a company which is a resident

Malta to a company which is resident

the United Kingdom and which controls directly or indirectly at least 10 per cent

the voting power in the company paying the dividend, the credit shall take into account (in addition to any Malta tax for which credit may be allowed under the provisions

sub-paragraph (a)

this paragraph) the Malta tax payable by the company in respect

the profits out

which such dividend is paid.

(2)Subject to the provisions

the law

Malta regarding the allowance as a credit against Malta tax

tax payable in a territory outside Malta, where, in accordance with the provisions

this Convention, there is included in a Malta assessment profits, income or chargeable gains from sources within the United Kingdom, the United Kingdom tax payable, whether directly or by deduction, in respect

those sources (excluding in the case

a dividend, tax payable in respect

the profits out

which the dividend is paid) shall be allowed as a credit against any Malta tax payable in respect

those profits, income or chargeable gains.

(3)For the purposes

paragraphs

(1)and
(2)

this Article, profits, income and capital gains owned by a resident

a Contracting State which may be taxed in the other Contracting State in accordance with this Convention shall be deemed to arise in that other Contracting State.

(4)Subject to paragraphs
(5)and
(6)

this Article, for the purposes

paragraph

(1)

this Article the term "Malta tax payable" shall be deemed to include any amount which would have been payable as Malta tax for any year but for a deduction allowed in computing taxable income, or an exemption or reduction

tax granted for that year or any part thereof, under any

the following provisions

Malta law: (a) the provisions

: (i) article 3 and, where a deduction is allowed in computing taxable income by way

investment allowance, article 4

the Aids to Industries Ordinance; (ii) articles 7, 8 and 9 (so far as it provides for exemption from tax on dividends paid out

the gains or profits, or part thereof,

a company which are relieved from income tax under the provisions

article 7), 19, 20, 23 and 36

(5)

the Industrial Development Act; 16 [ S.L.123.35 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND so far as the provisions in question were in force on, and have not been modified since, the date

signature

this Convention, or have been modified only in minor respects so as not to affect their general character and provided always that the competent authority

Malta has certified that any such exemption from or reduction

Malta tax given under these articles has been granted in order to promote industrial, commercial, scientific, educational or other development in Malta and that the gains or profits

the company, or any part thereof, were not exempt from Malta tax for the year in question, or part thereof, under the provisions

Articles 4 or 5

the Industrial Development Act, and the competent authority

the United Kingdom has accepted that such exemption or reduction has been granted for such purpose; or (b) any other provision which may subsequently be enacted allowing a deduction in computing taxable income, or granting an exemption or reduction

tax, which is agreed by the competent authorities

the Contracting States to be

a substantially similar character to any

the provisions referred to in sub-paragraph (a)(i) or (ii)

this paragraph, so far as it has not been modified thereafter or has been modified only in minor respects so as not to affect its general character, and subject always to certification and acceptance having taken place as provided for under sub-paragraph (a)

this paragraph.

(5)Relief from United Kingdom tax by virtue

paragraph

(4)

this Article shall be given for a period

ten years only, beginning with the date on which this Convention entered into force.

(6)The period referred to in paragraph
(5)

this Article may be extended by agreement between the Contracting States. ARTICLE 23 Limitation

Relief

(1)Where under any provision

this Convention any income is relieved from tax in a Contracting State and, under the law in force in the other Contracting State a person, in respect at that income, is subject to tax by reference to the amount thereof which is remitted to or received in that other Contracting State and not by reference to the full amount thereof, then the relief to be allowed under this Convention in the first-mentioned Contracting State shall apply only to so much

the income as is taxed in the other Contracting State.

(2)The provisions

this Convention shall not apply to persons entitled to any special tax benefit under: (a) a law

either one

the Contracting Sates which has been identified in an Exchange

Notes between the Contracting States; or (b) any substantially similar law subsequently enacted. ARTICLE 24 Partnerships

(1)Where, under any provision

this Convention, a partnership is entitled, as a resident

Malta, to exemption from tax in the United Kingdom on any income or capital gains, that provision shall not be construed as restricting the right

the United Kingdom to tax any partner who is a resident

the United Kingdom on his DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND [ S.L.123.35 17 share

such income or capital gains; but any such income or gains shall be treated for the purposes

Article 22

this Convention as income or gains from sources in Malta.

(2)Nothing in Article 10

this Convention shall entitle a partnership which is a resident

Malta to a tax credit in respect

dividends paid to the partnership by a company which is a resident

the United Kingdom; but any partner who is a resident

Malta shall be treated for the purposes

the said Article 10 and

this paragraph as having been paid a dividend

an amount corresponding to his share

those dividends by the company which is a resident

the United Kingdom. CHAPTER V Special Provisions ARTICLE 25 Non-discrimination

(1)Nationals

a Contracting State shall not be subjected in the other Contracting 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

a Contracting State has in the other Contracting 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.

(3)Except where the provisions

paragraph

(1)

Article 9, paragraph

(6)

Article 11, or paragraph

(6)

Article 12

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

a Contracting State to a resident

the other Contracting 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 first-mentioned State.

(4)Enterprises

a Contracting State, the capital

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

the other Contracting 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)Nothing in this Article shall be construed as obliging a Contracting State to grant to individuals who are residents

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

civil status, family responsibilities or any other personal circumstances which it grants to its own residents.

(6)The provisions

this Article shall apply to the taxes which are the subject

this Convention. ARTICLE 26 Mutual Agreement Procedure

(1)Where a person considers that the actions

one or both

the Contracting States result or will result for him in taxation not in accordance with the provisions

this Convention, he may, irrespective

the remedies provided by the domestic 18 [ S.L.123.35 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND law

those States. present his case to the competent authority

the Contracting State

which he is a resident or, if his case comes under paragraph

(1)

Article 25

this Convention to that

the Contracting State

which he is a national.

(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 a satisfactory solution to resolve the case by mutual agreement with the competent authority

the other Contracting State, with a view to the avoidance

taxation which is not in accordance with the Convention.

(3)The competent authorities

the Contracting States shall endeavour to r e s o l v e b y m u t u a l a g r e e m e n t a n y d i ff i c u l t i e s o r d o u b t s a r i s i n g a s t o t h e interpretation or application

the Convention.

(4)The competent authorities

the Contracting States may communicate with each other directly for the purpose

reaching an agreement in the sense

the preceding paragraphs. ARTICLE 27 Exchange

Information

(1)The competent authorities

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

this Convention or

the domestic laws

the Contracting States concerning taxes covered by the Convention insofar as the taxation thereunder is not contrary to the Convention. Any information received by a Contracting State shall be treated as secret in the same manner as information obtained under the domestic laws

that State and shall he 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 covered by the Convention. Such persons or authorities shall use the information only for such purposes. They may disclose the information in public court proceedings or in judicial decisions.

(2)In no case shall the provisions

paragraph

(1)

this Article be construed so as to impose on a Contracting State the obligation: (a) to carry out administrative measures at variance with the laws and administrative practice

that or

the other Contracting State; (b) to supply information which is not obtainable under the laws or in the normal course

the administration

that or

the other Contracting 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 28 Diplomatic and Consular

ficials Nothing in this Convention shall affect the fiscal privileges

diplomatic agents or consular

ficials under the general rules

international law or under the provisions

special agreements. DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND [ S.L.123.35 19 ARTICLE 29 Entry into Force

(1)Each

the Contracting States shall notify to the other through the diplomatic channel the completion

the procedures required by its law for the bringing into force

this Convention. This Convention shall enter into force on the date

the later

these notifications and shall thereupon have effect: (

  1. a)in the United Kingdom: (
  2. i)in respect

income tax and capital gains tax, for any year

assessment beginning on or after 6 April in the calendar year next following that in which the Convention enters into force; (ii) in respect

corporation tax, for any financial year beginning on or after 1 April in the calendar year next following that in which the Convention enters into force; (b) in Malta: in respect

income tax, for any year

assessment beginning on or after the first day

January in the calendar year next following that in which the Convention enters into force.

(2)The Arrangement between Her Majesty’s Government and the Government

Malta for the Avoidance

Double Taxation and the Prevention

Fiscal Evasion with respect to Taxes on Income as amended by the Agreement signed at Valletta on 29th November 1974 (hereinafter referred to as "the 1961 Arrangement") shall terminate and cease to be effective from the date upon which this Convention has effect in respect

the taxes to which this Convention applies in accordance with the provisions

paragraph

(1)

this Article.

(3)Where any provision

the 1961 Arrangement would have afforded any greater relief from tax than is due under this Convention, any such provision as aforesaid shall continue to have effect: (a) in the United Kingdom, for any year

assessment, financial year, or chargeable period; and (b) in Malta, for any year

assessment beginning in either case, before the entry into force

this Convention. ARTICLE 30 Termination This Convention shall remain in force until terminated by one

the Contracting States. Either Contracting State may terminate the Convention, through the diplomatic channel, by giving notice

termination at least six months before the end

any calendar year. In such event, the Convention shall cease to have effect: (a) in the United Kingdom: (i) in respect

income tax and capital gains tax, for any year

assessment beginning on or after 6 April in the calendar year next following that in which the notice is given; (ii) in respect

corporation tax, for any financial year beginning on or after 1 April in the calendar year next following that in which the notice is given; (b) in Malta: 20 [ S.L.123.35 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND in respect

income tax, for any year

assessment beginning on or after the first day

January in the calendar year next following that in which the notice is given. In witness whereof the undersigned, being duly authorised thereto by their respective Governments, have signed this Convention. DONE at London, this 12 day

May, 1994, in the English language. JOSEF BONNICI FOR THE GOVERNMENT

MALTA STEPHEN DORELL FOR THE GOVERNMENT

THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND [ S.L.123.35 21 EXCHANGE

NOTES London 12th May, 1994 Your Excellency I have the honour to refer to the Convention between the Government

the United Kingdom

Great Britain and Northern Ireland and the Government

Malta for the Avoidance

Double Taxation and the Prevention

Fiscal Evasion with respect to Taxes on Income and Capital Gains which has been signed today and to propose on behalf

the Government

the United Kingdom

Great Britain and Northern Ireland that: (a) with reference to Articles 7 and 9, it is understood that nothing contained therein shall affect the application

any law

a Contracting State relating to the determination

the tax liability

a person, including the determination

such liability by the exercise

discretion or the making

an estimate by the competent authority

that State in cases in which, from the information available to the competent authority

that State, it is not possible or practicable to ascertain the profits to be attributed to a permanent establishment, provided that that law shall be applied, so far as the information available to the competent authority permits, consistently with the principles

the said two Articles; (b) with reference to paragraph

(9)

Article 11

, it is understood that the relevant institution, agency or instrumentality shall in the case

the United Kingdom be the Export Credits Guarantee Department and shall in the case

Malta be the Export Credit Guarantee Company Ltd; (c) with reference to paragraph

(6)

Article 22

, it is understood that at the request

one competent authority both Contracting States shall enter into discussions about extending the period referred to in paragraph

(5)at any time so that, in the event

an agreement to extend that period being reached, there should be no discontinuity in the application

the Article; (d) with reference to paragraph

(2)

Article 23

, the provisions

this Convention shall not apply: (i) to persons who are entitled to a special tax benefit under the Malta Financial Services Centre Act except for those persons who opt under article 41

the said Act to be subject to the normal provisions

the Income Tax Act; or (ii) to persons who and to the extent to which under the provisions

the Merchant Shipping Act are not subject to tax on the profits derived from the operation

ships in international traffic; or (iii) to persons entitled to any special tax benefit in respect

distributions by a trust subject to the provisions

the Trusts Act given that a trust as laid down in that Act is not vested with legal personality and therefore cannot benefit under the Convention in its own right; or (iv) to persons entitled to any special tax benefit under any substantially similar law subsequently enacted and which is agreed by the competent authorities

the Contracting States as included within the terms

paragraph

(2)

Article 23

this 22 [ S.L.123.35 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND Convention. If the foregoing proposals are acceptable to the Government

Malta, I have the honour to suggest that the present Note and Your Excellency’s reply to that effect shall be regarded as constituting an agreement between the two Governments in this matter which shall enter into force at the same time as the entry into force

this Convention. I avail myself

this opportunity to extend to Your Excellency the assurance

my highest consideration. J.S. BUCK for the Secretary

State for Foreign and Commonwealth Affairs DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND [ S.L.123.35 23 Floriana 12th May, 1994 Your Excellency I have the honour to acknowledge receipt

Your Excellency’s Note

today which reads as follows: "I have the honour to refer to the Convention between the Government

the United Kingdom

Great Britain and Northern Ireland and the Government

Malta for the Avoidance

Double Taxation and the Prevention

Fiscal Evasion with respect to Taxes on Income and Capital Gains which has been signed today and to propose on behalf

the Government

the United Kingdom

Great Britain and Northern Ireland that: (a) with reference to Articles 7 and 9, it is understood that nothing contained therein shall affect the application

any law

a Contracting State relating to the determination

the tax liability

a person, including the determination

such liability by the exercise

discretion or the making

an estimate by the competent authority

that State in cases in which, from the information available to the competent authority

that State, it is not possible or practicable to ascertain the profits to be attributed to a permanent establishment, provided that that law shall be applied, so far as the information available to the competent authority permits, consistently with the principles

the said two Articles; (b) with reference to paragraph

(9)

Article 11

, it is understood that the relevant institution, agency or instrumentality shall in the case

the United Kingdom be the Export Credits Guarantee Department and shall in the case

Malta be the Export Credit Guarantee Company Ltd; (c) with reference to paragraph

(6)

Article 22

, it is understood that at the request

one competent authority both Contracting States shall enter into discussions about extending the period referred to in paragraph

(5)at any time so that, in the event

an agreement to extend that period being reached, there should be no discontinuity in the application

the Article; (d) with reference to paragraph

(2)

Article 23

, the provisions

this Convention shall not apply: (i) to persons who are entitled to a special tax benefit under the Malta Financial Services Centre Act except for those persons who opt under article 41

the said Act to be subject to the normal provisions

the Income Tax Act; or (ii) to persons who and to the extent to which under the provisions

the Merchant Shipping Act are not subject to tax on the profits derived from the operation

ships in international traffic; or (iii) to persons entitled to any special tax benefit in respect

distributions by a trust subject to the provisions

the Trusts Act given that a trust as laid down in that Act is not vested with legal personality and therefore cannot benefit under the Convention in its own right; or (iv) to persons entitled to any special tax benefit under any substantially similar law subsequently enacted and which is agreed by the competent authorities

the Contracting States as included within the terms

paragraph

(2)

Article 23

this 24 [ S.L.123.35 DOUBLE TAXATION RELIEF ON TAXES ON INCOME WITH THE UNITED KINGDOM

GREAT BRITAIN AND NORTHERN IRELAND Convention. If the foregoing proposals are acceptable to the Government

Malta, I have the honour to suggest that the present Note and Your Excellency’s reply to that effect shall be regarded as constituting an agreement between the two Governments in this matter, which shall enter into force at the same time as the entry into force

this Convention". The foregoing proposals being acceptable to the Government

Malta, I have the honour to confirm that Your Excellency’s Note and this Reply shall be regarded as constituting an agreement between the two Governments in the matter which shall enter into force at the same time as the entry into force

this Convention. I avail myself

this opportunity to extend to Your Excellency the assurance

my highest consideration. VINCENT GALEA Commissioner

Inland Revenue For the Government

Malta

🔗 Għas-sors uffiċjali

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