Double Taxation Relief (Taxes on Income)

L.N. 242 of 2010

INCOME TAX ACT

(CAP. 123)

Double Taxation Relief (Taxes on Income)

(Republic of Lebanon) (Amendment) Order, 2010

IN exercise of the powers conferred by article 76 of the

Income Tax Act, the Minister of Finance, the Economy and

Investment has made the following order:-

This title of this order is the Double Taxation Relief

(Taxes on Income) (Republic of Lebanon) (Amendment) Order,

2010 and it shall be read and construed as one with the Double

Taxation Relief (Taxes on Income) (Republic of Lebanon) Order,

2000, hereinafter referred to as “the principal order”.

PROTOCOL

AMENDING THE CONVENTION BETWEEN

THE REPUBLIC OF MALTA

AND THE REPUBLIC OF LEBANON

FOR THE AVOIDANCE OF DOUBLE TAXATION

AND THE PREVENTION OF FISCAL EVASION

WITH RESPECT TO TAXES ON INCOME

SIGNED IN BEIRUT ON 23 FEBRUARY 1999

The Government of Malta and the Government of the Republic of Lebanon,

desiring to amend the Convention between the two Governments for the

avoidance of double taxation and the prevention of fiscal evasion with

respect to taxes on income signed in Beirut on 23 February 1999 (hereinafter

referred to as “the Convention”), have agreed as follows

Article I

Paragraph 1 of Article 11 of the Convention shall be substituted by the

following paragraph

“1. Interest arising in a Contracting State and paid to a resident of the other

Contracting State shall be taxable only in the other State.”

B

Article 2

In paragraph 1 of Article 22 of the Convention, the words “Where a resident

of Lebanon derives income from sources within Lebanon” shall be

substituted by the words “Where a resident of Lebanon derives income from

sources within Malta”.

Article 3

The Protocol shall enter into force on the date of receipt of the latter of the

notification of each Contracting State notifying the other of the completion

of the procedures required by its domestic law for the entry into force of this

Protocol. Pending such exchange, the Protocol shall be given provisional

effect. Moreover, the provisions of the Convention shall be interpreted, since

the entry into force of the Convention, in light of the provisions of the

Protocol.

IN WITNESS WHEREOF the undersigned, being duly authorized thereto by

their respective Governments, have signed this Protocol.

DONE in duplicate at Beirut on 16 th April, 2009 in English and Arabic

languages, both texts being equally authentic.

TONIO BORG

FAWZI SALLOUKH

For the Government of Malta

For the Government of the

Republic of Lebanon

It is hereby declared:-

(a) that the amendments to the principal order, as

specified in the Schedule to this order, have been made with

the Government of the Republic of Lebanon;

(b) that it is expedient that those amendments should

have effect;

(c) that the Protocol specified in the Schedule to this

order has entered into force on the 23 March, 2010.

B