Malta and Saudi Arabia sign double taxation agreement

A double tax treaty between Malta and Saudi Arabia was signed in Riyadh on the 4th January 2012. It is understood that the treaty provisions are based on the articles of the OECD model tax convention. The Malta – Saudi Arabia treaty will enter into force once ratification procedures applicable in both jurisdictions are completed.

Further information in connection with the treaty (including maximum withholding tax rates prescribed) will be released once available.

Should you require any legal assistance with tax, please contact GVZH here.