The amending protocol to the 2013 income tax treaty between Malta and Russia will enter into force on 1 January 2021. The protocol, signed 1 October 2020, is the first to amend the treaty and includes the following changes:

• Paragraph 2 of Article 10 (Dividends) is replaced, providing for a standard withholding tax rate of 15%;
• Paragraph 3 of Article 10 (Dividends) is replaced, providing for a …