S.L. 123.104 Art. 2Arrangements to have effect. Desiring to prevention of Have agreed This Contracting 1. This Contracting 2. There income, or on movable or salaries paid 3. The a) in b) In 4. The taxes which or in place of, shall notify respective

It is hereby declared:

(a) that the arrangements specified in the Convention set out in the Schedule to this Order have been made with the Hellenic Republic with a view to affording relief from double taxation in relation to the following taxes imposed by the laws of the Hellenic Republic: - the income tax on natural persons; and - the income tax on legal persons;

(b) that it is expedient that those arrangements should have effect;

(c) that the Convention has entered into force on the 30 August, 2008. SCHEDULE

CONVENTION BETWEEN MALTA AND THE HELLENIC REPUBLIC FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME The Government of Malta and the Government of the Hellenic Republic, conclude a Convention for the avoidance of double taxation and the fiscal evasion with respect to taxes on income, as follows: CHAPTER I

SCOPE OF THE CONVENTION Article 1 PERSONS COVERED

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

Article 2 TAXES COVERED Convention shall apply to taxes on income imposed on behalf of a State, irrespective of the manner in 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, and taxes on the total amounts of wages and by enterprises as well as taxes on capital appreciation.

existing taxes to which the Convention shall apply are: the case of Malta: the income tax; (hereinafter referred to as "Malta tax"); the case of the Hellenic Republic: i) the income tax on natural persons; ii) the income tax on legal persons; (hereinafter referred to as "Hellenic tax").

Convention shall apply also to any identical or substantially similar are imposed after the date of signature of the Convention in addition to, the existing taxes. The competent authorities of the Contracting States each other of any significant changes which have been made in their taxation laws. CHAPTER II

DEFINITIONS Article 3 GENERAL DEFINITIONS