• Malta - Turkey
    Tax Treaty Enters Into Force


    The Malta - Turkey Income Tax Treaty entered into force on 14 June 2013 and its provisions will apply from 1 January 2014.

    The treaty will come into force after the two countries exchange ratification instruments. The provisions of the treaty will have effect from DATE of the calendar year next following that in which the agreement enters into force.

    In accordance with the treaty, the following withholding taxes will apply:

    • Dividends:
      1. Dividend payments from Turkey to Malta:
        • 10% if the beneficial owner is a company (excluding partnership) which holds directly at least 25% of the capital of the company paying the dividends.
        • 15% in all other cases.
      2. Dividend payments from Malta to Turkey:
        • 15% if the distributed profit consists of gains or profits earned in any year in respect of which the company is in receipt of any benefit under the provisions regulating aids to industries in Malta, provided that the receiving company submits returns and accounts to the taxation authorities of Malta in respect of its income liable to Malta tax for the relative year of assessment.
        • 0% in all other cases.

    • Interest: 10%

    • Royalties: 10%
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