125 tal-2000 - Regolamenti tal-2000 li jemendaw ir-Regoli dwar il-Formuli tal-Prospetti tat-Taxxa fuq l-Income għal Soċjetajiet, Entijiet u Korpi ta' Persuni

L.N. 125 of 2000

INCOME TAX MANAGEMENT ACT, 1994

(ACT NO. XVIII OF 1994)

Income Tax (Form of Returns for Companies, Entities and

Bodies of Persons)

(Amendment) Rules, 2000

IN virtue of the powers conferred by section 57 of the Income

Tax Management Act, 1994, the Minister of Finance has made the

following rules:-

(l) These rules may be cited as the Income Tax (Form of

Returns for Companies, Entities and Bodies of Persons)

(Amendment) Rules, 2000 and shall be read and construed as one

with the Income Tax (Form of Returns for Companies, Entities and

Bodies of Persons) Rules, 1995, hereinafter referred to as "the

principal rules".

(2) These rules shall come into force upon their

publication in the Gazette in respect of the year of assessment

commencing on the 1st January, 2000 and of subsequent years of

assessment.

Income Tax Return

on behalf of a partnership, other than "en commandite"

for the year ended 31 st December 1999 (Year of Assessment 20001

~ only If printed intonnaIa'l is tTisslng or inaJrrect

I

Ref No.

VotNo.

Nan-

House NoJNa...

Slntet

Locellty

_ode

Country

You'are hereby required to give on this retum a true and correct declaration 01 the income and capUl gains 01 the PartnefShip for the

1. year ended 31 st December, 1999. This retum is to be completed and forwarded so as to reach the Department of Inland Re....... 1'I'

not later than 30th June, 2000.

All income and capital gains of a resident partnership accruing in, or deriII8d from Mala or elsewhere, whether received in Malia or not,

2. during the year ending 31st December, 1999 must be included.

For Form T .A. 5 in the First Schedule, T .A. 36 in the Second

Schedule and T.A. 37 in the Third Schedule to the principal rules,

there shall be substituted the form in the First, Second and Third

Schedules hereto.

SCHEDULES

Income Tax Return

and Self Assessment

on behalf of an Entity (Section 30)

for the year ended 31st December 1999 (Year of Assessment 2000)

Complete Cflly if printed informakn IS miSSing or inCOO'tld

I

Ref No.

Vat No.

Na...

House NoJName

Street

Locality

Postcocht

Country

You are hereby required to give on this form a true and correct declaration of your income and capital gains of the above named Entity

1. end include a self_tforthe blIsis year ended 31st Decembllr 1999. This form is to blI compielAld and forwarded so as to reach

the Inland'Revenue Department by 30th June. 2000.

2. AI income and capital gains of a resident Entity accruing in, or derived from Malta or elsewhere, whether received in Malta or not. during

the year ended 31st Decembllr 1999 must blI included.

3. All income and capital gains of a non-resident Entity accruing in, or derived from Mala, whether received in Mala or not. during the year

ended 31st Decembllr 1999 must be included.

4. The declared income and capital gains should include the income accruing to or derived by an associated, linked or allied instlulion,

trust, foundation, bequest or simAar organisation or hody of persons.

5. In case of an Ecclesiastical Community, the declared income and capital gains should include so much of

the personal income and capital gains of its individual membllrs as is also liable to blI charged in the hands of the community under

section 30.

5. Ful details should blI gIYen of the income and capital gains declared and of the deductions made. Copy of Audil8d AccounIs must blI ncJuded.

7. The form. duly filled in and signed by you together with an supporting documenls, and any payment of outstanding tax for the basis yellr

1999 wAI be considered as the return and seW assessment which you are required to submit in terms of Ihe Income Tax Acts.

Commissioner of Inland Ravenue

Entity Details

C Parish =rJ C Other =Cl

[ReligiOUS orcter]~

a)

Type of Entity

F

(lick appropriate box)

b)

Contact person responsible for this retum

N.~ (Blockl_>

L

J

Off<. Ad<"~

C

~FaxC

~

Telephone

c)

If declared income and capital gains include the income accruing to or derived by an associaled, linked or allied

institution, trust, foundation, bequest or similar organisation or body of persons, stale names of such institutions, etc

~~

~

l

d)

Number of individual members of the ecclesiastical community in respect of whom further deduction is being

made in the self assessment. Attach a list showing the names and 10 numbers of those individuals who .. '

,.1,__ .

were members of the said community on the 31st December 1999.

Declaration

I, (full name)

_

do hereby declare that

a) this income tax return and self assessment is made on behalf of

_

b) this return contains a fUll, true and correct description of the said Entity's income, capital gains and allowable

deductions for 1999.

J

Signature [

Designation

Date

This income tax return and self assessment is to

reach the Inland Revenue Department by 30th June. 2000.

Tax Computation

Please fill III both bases

Lm

Income

:. "

Lm

=:J

~

Q) Trade or Business

(Losses may not be set off against

income from other sources or carried

forward to subsequent years)

=:J

Incomeorlndlvldualmembers~

CD (not

Income or individual members~

@

to exceed lm1 000 per member,

(not to exceed lm1 000 per member,

-----

provided member is individually

provided member is indMdually

regtstered for income tax purposes)

registered for Income tax purposes)

~

~

® Local dividends

® Local dividends

CD Local interests

@

Local interests

...;

~

CD Foreign dividends

@

Foreign dividends

-----

CD Foreign interests

~

@

Foreign interests

1-l=---~9

®

(J) Rents, royalties, premiums 7

Rents, royalties, premiums 78 _

l-I=-~---~~

CD Income of allied Institutionls 8

@

Income of allied instltutionls 8a

l-I=-~---~~

CD Capital Gains

~I=-~---~~

=:J

® Other Income not included ~C

elsewhere In this return

G!C

---,

®

@

Total Income

Total Income

Allowable deductions

@

Expenditure

(incurred in the production of the

income declared in Une 1 above)

IE.C

__ =:J

@Lm1000x(No.ofmembers) ~C~

@) Lm1000 x (No. of members)

~

Burdens

~

@

Ground rents

~ Total Allowable

1:::1

~

Deductions

@ TotaI~Income~

(Deduct amount In box 188 from

amount in box 118)

~ Copy the higher amount of box 19 and box 19a

®

Tax on chargeable Income (box 20 x 0.20)

Tax Credits

@

Provisional Tax Payments for 1999

@

Tax paid on Capital Gains

@

Tax at source on Local Dividends

(where income is included at box 3 and

30)

@

Tax withheld on Local Interests

(where income is included at box 4 and

40)

E

@

Relief from Double Taxation

®

Other Tax Credits

~

@

Total Tax Credits

Tax Underpaid or Overpaid

@

Tax Underpaid

If box 21 is higher than box 28 enter the difference in box 29

®

Tax Overpaid

If box 28 is higher than box 21 enter the difference in box 30

Amount In box 29 IS to be paid by not later than 30th June 2000

falling whIch interest at 1% per month will be charged

Please attach cheque With Remittance AdVice and any other documents to thiS return

All income and capital gains of a non-resident Partnership accruing in, or derived from Malia, whether received in Malia or not, during

the year ending 31st December, 1999 must be included below.

No section ofthis retum is to be left blank. Where there is nothing to report, write "NIL" in the appropriate space.

Income Tax Return

and Self Assessment

on behalf of a body of persons

for the year ended 31st December 1999 (Year of Assessment 2000)

Complete crlly if pnl1led infOO'nlilaliS missing or ine::ared

I

Ref No.

Vat No.

Name

House NoJName

Stnet

Locality

Postcode

1. You are hereby required to give on this form a true and correct declaration of your income and capital gains of the above named body

of parsons and include a self assessment for the besis year ended 31st December 1999. Tlis form is til be completed and forwanled

so as to reach the Inland Revenue Department by 30th June, 2000.

2. This form is not applicable to an entity [section 30 of the Income Tax Act (cap. 123)) or a comparry, a body corporate established by

statute or a commercial undertaking operated by an Entity.

3. All income and capital gains of a resident body of parsons accruing in or derived from Mala or elsewhere, whether received in MIIb or

not, during the year ended 31st December 1999 must be included.

4. All income of a non-resident body of persons accruing in or derived from Malta, whether received in Mala or not, dlMing the year ended

31st December 1999 must be included.

6. Full details should be given of the income and capital gains declared and of the deductions meda. A copy of the financial statements is

to be included.

wi.

6. The form, duly filled in and signed by you together with all supporting documents, and any tax underpaid for the basis year 1999

be

considered as the return and self assessment which you are required to subm~ in terms of the Income Tax Acts.

Commissioner of Inland Raw"...

Organisation Details

~"]

~~

a)

Type of body of persons

(tick appropriate box)

L

Club

L

Other

C

~

b)

Contact person responsible for this return

Name (Block Letters)

and address where control, management

Office Address

[

]

and administration is exercised

L-r=====~:'-Fa-x:L=--=--=---=---=-:J--,

Telephone

~__'

c)

Main business actiVity of this body of personsL

'-

d)

In the case of a body of persons carrying on a club or similar institution, state

E

(i)

Number of paid-up members for 1999

(ii)

Number of members who have voting rights at general meetings

Whether 50% or more of gross receipts on revenue account are

(iii)

[Yes]L.y:. . e:.:s:. . L.__ ~__' ~

received from members.

Declaration

I, (fUll name)

_

do hereby declare that

a) this income tax return and self assessment is made on behalf of

_

b) this return contains a full, true and correct description of the said body of persons' income, capital gains

and allowable deductions for 1999

Signature of person [

]

Date

.

_

making the return

Designation

Tax Com utation

If receipt from members ere 50% or more of gross receipts on reVenue eccount, fill;n bes;s A only. In ell other ceses, fill A end B.

1.

2. In the esse of bodies of persons which are exempt from tax by law or by Exemption Order issued by the Minister of Finance boxes 1 to 18

need not be filled in. Enter ·0· in box 19 end fill In boxes 20 to 28, wiler. applicable.

Lm

Lm

@

Business

(includin~ entrance fees,

sUbscnptions etc)

CD Local dividends

@

Local dividends

2. CD

@

Local interests

Local

Interests

3a

® Foreign dividends

@

Foreign dividends

CD

@

Foreign interests

Foreign

interests

® Rents, royalties, premiums 6

@

Rents, royalties, premiums 60

~E

j

(J) Other investment income

@

other investment income

7. ®

@

Capital Gains

Capital Gains

®

other income not included 911

elsewhere in this return

§C

~

®

=:J

@ Yot.1 Income

Tot.1 Income

Allow.:Jble deductions

=:J

~ <_in

Deductions

!he I>oduclion c111leeus..s

income declared '" line 1 abcMl)

=:J

~ Rental Deduction

~C

~C

~

@RentaIDeduction

Ground Rents

Ground Rents

=:J

@ 20% further rent deductions ~

~

(§) 20% further rent deductions ~

:=J

:J

@lnterestonCapital used in~

Interest on capital used in~

acquiring investment

acqUiring investment

income

income

::rn:::--=-~~C_--_:=J

Other allowable deductions ~C

~

@

@

against investment income

----

this return

G!C

-oJ

~

~ Tot.1 A1low.ble

~

@Tot.IAllow.ble

Deduction.

Deduction.

=:J

®=~f~G?:C

~

hcome§C

@l TotIII C1. . . . .

(Deduct amount 1" box 168 from

amount in box 1(8)

amount in box 10)

@ Copy the higher amount of box 17 and box 17a

@ T.x on ch.rge.ble Income •• per .ectlon 56(1)(d). maximum 30%

Tax Credits

~

~

@

Provisional Tax Payments for 1999

=:J

®

Tax paid on Capital Gains

@

Tax at source on Local Dividends

(may not be claimed by an exempt body of pel1ioOns)

®

Tax withheld on Local Interests

(where income is Included at box 3 and 3a)

®

Relief from Double Taxation

=:J

§C

@ Other Tax Credits

~

""]

@ Tot.1 T.x Credit.

Tax Underpaid or Overpaid

®

T.x Underp.ld

If box 19 is higher than box 26 enter the difference in box 27

@ T.x O".rp.ld

If box 26 is higher than box 19 enter the difference in box 28

Amount m box 27 IS to be paid by not later than 30th June 2000

falling which mterest at 1% per month Will be cll.:Jrged

Please attach cheque With Remittance AdVice and any other documents to thiS r01ur 11

Ippubblikat mid- Dipartiment ta'l-Infonnazzjoni - 3, Pjazza Kastilja- Published by the Department ofInformation- 3, Castille Place

Mitbugh f1-Istamperija tal-Gvem - Printed at the Government Printing Press

You should send with this return a copy of the Profit and Loss Account and Balance Sheat.

This retum must be completed 1'1' the precedent partner Of the Partnership. The precedent partner is the partner who, 01 the partners

6. resident in Malia

(il is the first nemed in the agreement of the partnership; or

(iQ is the precedent acting partner [If the partner named with precedence is not an acting partner).

IIIIhere no partner is resident in Malia the Illtum must be completed I'I'the atIorney, agent, .... nager or factor of the firm resident in Malia.

This form, duly filled in and signed, together with all supporting documents wi. be considered as the retum which is requillld to be

submitled in terms of the Income Tax Acts.

Convnissioner of Inland Revenue

Declaration

I, (fUll name)

_

hereby declare that this

form contains a true and correct return of the required particulars of the income and capital gains at the partnership

constituted by agreement of the

(insert date) for the year of assessment 2000

The control management and administration of the bllsiness of the said partnership are exercised in

(state full address).

The main trading activity of this partnership consists of

Signature of person making the retllrn

Designation

This income tax return is to reach the Inland Revenue

Department by 30th June, 2000.

Partnership's Income and Capital Gains

CD Gains or profits from trade, business, profession or vocation

~C

CD Other Income

~C

CD Capital Gains

liC

G:C

(!) Tot.1 Income .nd C.plt.1 OBlns

1_bcJ<.1103)

Deductible expenses not included elsewhere in this return

®

[iC

Interest on Capital used in acquiring the income

--

--

--

--

-

~

Amount

Rate of

Guarantee

Purpose

Creditor

Interest

Borrowed

-

-

-

-

-

-

-

-

-

f--

®

~C

Other Deductions

<D Tot.1 Deductions

lr

(add boxes 5 and 6)

~

®

Net Income .nd C.plt81 OBlns

er-.c:t bcJ< 7 hom box 4)

Division of the Income and Capital Gains among the Partners

r-

Particulars of Distribution of Profits

Names and

Permanent place of

Basis of Distribution

private residence

of Balance

Income Tax Nos.

Salary

Interest

Share of

of partners

(Fractional Share

of Partners

on Capital

Balance

or other Basis)

lm

lm

lm