MALTA AND FINLAND SIGN DOUBLE TAXATION AGREEMENT

On Monday, 30^th October 2000 the Governments of Malta and Finland signed an Agreement for the Avoidance of Double Taxation with Respect to Taxes on Income. The agreement provides the framework for enhanced economic links between Malta and Finland.

At a brief ceremony held at the Finnish Embassy in Rome, Ambassador Dr Joseph Cassar signed on behalf of the Malta Government, while his Finnish counterpart, Ambassador Dieter Vitzthum, signed on behalf of the Government of Finland.

Following the signing of the Agreement, the two Ambassadors discussed the possibilities for further co-operation between Malta and Finland. Ambassador Cassar expressed the hope that this agreement would lead to enhanced opportunites for Finnish investors.