Malta’s double taxation avoidance treaty with Uruguay has entered into force after being signed in March 2011, the Government said yesterday.

The agreement seeks to create attractive conditions for Uruguayan and Maltese investors but, at the same time, contains some provisions intended to prevent tax avoidance through improper use of the treaty.

The Government also said that Malta and Mexico had signed a double taxation agreement. Malta now has 66 double taxation and other bilateral agreements.

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