The Double Taxation Treaty had been signed on 24 April 2013. This was later ratified by the Maltese Authorities by virtue of Legal Notice 159 of 2013.

On 3 April 2014 Russian President Vladimir Putin signed the law ratifying the Malta-Russia Income Tax Treaty (2013).

The highlights from the treaty are below:

 

For further information on structuring opportunities in Malta please do not hesitate to contact Chris Borg (cborg@boston.com.mt) Managing Director Boston Trust and Fiduciary Services (Malta) Limited or Rachael Kelly (rkelly@boston.co.im)