Malta off Spanish tax haven list

The Spanish Foreign Ministry has formally informed the Maltese Foreign Ministry that Malta has been taken off the Spanish list of tax havens with effect from September 16, the date when the double taxation agreement between Malta and Spain came into effect.

The matter of giving Malta formal notification of this move had been raised by Foreign Minister Michael Frendo at his meeting with Spanish counterpart Miguel Moratinos a few weeks ago.

At that meeting, Dr Frendo had also thanked the Spanish Foreign Minister for his assistance in accelerating the ratification process of the Malta-Spain double taxation agreement through both Houses of the Spanish Parliament.