S.L. 123.210 Art. 4Income tax registrationandtax return.

(1) Subject to the other provisions of this rule, an eligible main applicant having income chargeable to tax in Malta shall be required to be registered for income tax purposes and to file a return of income accordingly.

(2) An eligible main applicant shall:

(a) be required to be registered for income tax purposes even in respect of the activities carried out before the end of the period of twelve (12) months referred to in rule 3(3);

(b) not be required to report for income tax purposes the income earned by him from authorised work up to the end of the said twelve (12) month period unless he has filed with Residency Malta Agency the written declaration referred to in rule 3(3); and

(c) unless otherwise directed by the Commissioner, he shall not be required to file a return of income if he does not derive any chargeable income other than:

(i) income from authorised work; and

(ii) other income that does not require to be reported in a return of income, and the period comprised in the particular basis year does not extend beyond the end of the said twelve

(12) months.

(3) In respect of any year or part thereof in which an eligible main applicant is subject to tax in respect of income arising from authorised work, if he provides official written documentation proving to the satisfaction of Residency Malta Agency acting on behalf of the Commissioner, that he has paid tax in a country outside Malta at a rate of at least ten percent (10%) on the said income, he shall not be required to report such income for Maltese income tax purposes on the basis of the fact that the tax due on such income shall be deemed to have been settled by the application of the relief of double taxation provisions of the Act.

(4) Residency Malta Agency shall forward to the Commissioner the official documentary proof as provided by the eligible main applicant in accordance with sub-rule (3), as may be applicable.