SIGNING OF DTA AGREEMENT WITH URUGUAY

On the 11th March 2011, at the Embassy of Malta in Rome, Walter Balzan, Ambassador of Malta to Italy and Gustavo Alvarez, Ambassador of Uruguay, signed a Double Taxation Agreement on behalf of their respective Governments.

The Agreement is particularly significant since it is the first tax treaty signed by the Government of Malta with a Latin American country. Both Ambassadors expressed the view that the agreement should serve to stimulate further economic growth between the two countries.