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Treaty between Singapore and Malta signed

|Treaty Development|Singapore-Malta
Singapore-Malta

Singapore and Malta signed a first-time incometax treaty on 21 March 2006. Further details of the treaty will be reported subsequently.

The maximum rates of withholding tax are:

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10% on interest in general, and 7% if received by a bank, subject to an exception for interest paid to the government (as defined); and

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10% on royalties…

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