Malta – Moldova Tax Treaty Enters Into Force

On 17 June 2015, the Income Tax Treaty between Malta and Moldova entered into force and will come into effect on 1 January 2016.

The Treaty was signed on 10 April 2014.

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

Dividends:
where the dividends are paid by a company which is a resident of Moldova to a resident of Malta who is the beneficial owner thereof, the tax so charged in Moldova shall not exceed 5%.
where the dividends are paid by a company which is a resident of Malta to a resident of Moldova who is the beneficial owner thereof, Malta tax on the gross amount of the dividends shall not exceed that chargeable on the profits out of which the dividends are paid.

Interest: 5%.

Royalties: 5%.