S.L. 123.181 Art. 2Arrangements to have effect.

It is hereby declared:-

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

(i) corporate income tax (Impost sobre les societats);

(ii) personal income tax (Impost sobre la renda de les persones físiques);

(iii) tax on income for fiscal non-residents (Impost sobre la renda dels no residents fiscals); and

(iv) tax payable on the increase in value in immovable property transfers (Impost sobre les plusvàlues en les transmissions patrimonials immobiliàries);

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

(c) that the Convention has entered into force on 27th September 2017. SCHEDULE ARTICLE 2

CONVENTION BETWEEN THE GOVERNMENT OF THE REPUBLIC OF MALTA AND THE GOVERNMENT OF THE PRINCIPALITY OF ANDORRA

The Government of the Republic of Malta and the Government of the Principality of Andorra, desiring to further develop their economic relations and to enhance their cooperation in tax matters by way of concluding a Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income without creating opportunities for non-taxation or reduced taxation through tax evasion or avoidance have agreed as follows:

ARTICLE 1

Persons Covered

This Convention shall apply to persons who are residents of one or both of the Contracting States.

ARTICLE 2

Taxes Covered