The agreement was announced by Guernsey Finance, the representative body for the finance industry on the island.
It is the third DTA signed by Guernsey, the other two being with the UK and fellow Channel Island Jersey, and, said Guernsey Finance, the first based on the OECD model convention.
The latest agreement was signed by Guernsey’s chief minister, Lyndon Trott and Malta’s high commissioner to the UK, Joseph Zammit Tabona, at the Malta High Commission in London on Monday last week.
Rob Gray, Guernsey’s director of income tax, who leads negotiations on tax agreements, said: “I am delighted that the chief minister has been able to sign this DTA with Malta’s High Commissioner to the UK. This is another significant step in the development of Guernsey’s international identity, and in Guernsey’s ongoing commitment to tax transparency.
“This DTA strengthens Guernsey’s relationship, politically and economically, with an EU Member State and demonstrates our determination to continue to meet the highest international standards.”
