Cap. 325 Art. 13Incometaxpayable by expatriate employees.

Where an individual who is not domiciled in Malta or who, if so domiciled, is not ordinarily resident therein, is employed with a qualifying company, the tax on the chargeable income of such individual shall, as from the year of assessment commencing on lst

January, 1989, be charged at the rates contemplated by the Income

Tax Act, so however that any rate of tax in excess of thirty cents on every lira shall be reduced to thirty cents: Provided that the tax payable by any individual as aforesaid shall not be less than two thousand and three hundred and twenty-nine euro and thirty-seven cents (€2,329.37) reduced per annum, however on a basis when that individual is not so pro rata employed during the whole year: Provided further that the amount of tax payable by any such individual shall not be increased to more than would have been payable by him but for the provisions of this article:

Provided further that with effect from such year of assessment * as may be determined by the Minister by order in the Gazette , the provisions of this article shall only apply to any remuneration paid in the year preceding that year of assessment and in the basis years in relation to the following four years of assessment provided that such remuneration is paid to individuals in respect of whom this article applied in the year preceding the year of assessment determined by the Minister as aforesaid.