S.L. 123.147 Art. 2Arragements to have effect. THE Desiring to prevention of HAVE This Contracting 1. This Contracting State the manner in 2. There income, or on movable or by enterprises, 3. The a) in i) ii) b) in 4. The taxes which are or in place of, the shall notify respective 1. For the State" mean Agreement; any

It is hereby declared:

(a) that the arrangements specified in the Agreement set out in the Schedule to this Order (hereinafter referred to as "the Agreement") have been made with the Republic of Turkey with a view to affording relief from double taxation in relation to the following taxes imposed by the laws of the Republic of Turkey:

(i) the income tax;

(ii) the corporation tax;

(b) that it is expedient that those arrangements should have effect following the entry into force of the Agreement and in accordance with the relevant provisions of the Agreement;

(c) that the Agreement shall enter into force on such date as may be announced by notice in the Government * Gazette.

*the Agreement came into force on 13th June, 2013 - see L.N. 177 of 2013. BETWEEN THE REPUBLIC OF MALTA AND THE REPUBLIC OF TURKEY FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME

REPUBLIC OF MALTA AND THE REPUBLIC OF TURKEY conclude an agreement for the avoidance of double taxation and the fiscal evasion with respect to taxes on income, AGREED AS FOLLOWS: Article 1

PERSONAL SCOPE Agreement shall apply to persons who are residents of one or both of the States. Article 2 TAXES COVERED

Agreement shall apply to taxes on income imposed on behalf of a or of its political subdivisions or local authorities, irrespective of which they are levied. shall be regarded as taxes on income all taxes imposed on total elements of income, including taxes on gains from the alienation of immovable property, taxes on the total amounts of wages or salaries paid as well as taxes on capital appreciation.

existing taxes to which the Agreement shall apply are in particular: Turkey: the income tax; and the corporation tax; (hereinafter referred to as "Turkish tax"); Malta: the income tax; (hereinafter referred to as "Malta tax"). Agreement shall apply also to any identical or substantially similar imposed after the date of signature of the Agreement in addition to, existing taxes. The competent authorities of the Contracting States each other of significant changes which have been made in their taxation laws. Article 3 GENERAL DEFINITIONS

purposes of this Agreement, unless the context otherwise requires: to international law; b) the terms "a Contracting State" and "the other Contracting Turkey or Malta as the context requires; c) the term "tax" means any tax covered by Article 2 of this d) the term "person" includes an individual, a company and of persons; e) the term "company" means any body corporate or any treated as a body corporate for tax purposes; f) the term "legal head office" means, in the case of Turkey, office under the Turkish Code of Commerce and, in the the place of incorporation under Malta law; g) the term "national" means: i) any individual possessing the nationality of a Contracting ii) any legal person, partnership or association deriving such from the laws in force in a Contracting State. h) the terms "enterprise of a Contracting State" and "enterprise Contracting State" mean respectively an enterprise resident of a Contracting State and an enterprise carried of the other Contracting State; i) the term "competent authority" means: i) in Turkey, the Minister of Finance or representative; and ii) in Malta, the Minister responsible for finance representative; j) the term "international traffic" means any transport by road vehicle operated by an enterprise of a Contracting when the ship, aircraft or road vehicle is operated solely in the other Contracting State.