Malta and Norway today signed an avoidance of double taxation agreement.

Malta has signed 60 such agreements over the years, half of which in the past four years.

Such agreements are aimed to facilitate tax matters between the countries involved, encouraging trade and defining criteria of how and when taxation is due.

Matters related to royalties, patents, dividends and immovable property are also tackled in "Avoidance of Double Tax Agreements.

A record 170 agreements were signed during this legislature. They vary from health related matters, investment promotion and crime information sharing.