Malta and Mexico have, this week, signed a Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income.
The purpose of the Convention is to remove the obstacles that double taxation presents to the development of economic relations between Malta and Mexico.
The Convention provides for exchange of information on tax matters between the competent authorities of the two countries based on internationally agreed standards with a view to combating international tax avoidance and evasion.