100 tal-2007 - Regoli tal-2007 li jemendaw ir-Regoli dwar Tnaqqis fit-Taxxa fuq l-Income

L.N. 100 of 2007

INCOME TAX ACT

(CAP. 123)

Income Tax (Deductions) (Amendment) Rules, 2007

BY VIRTUE of the powers conferred by articles 14(2) and 96 of

the Income Tax Act, the Prime Minister and Minister of Finance has

made the following rules>–

(1) The title of these rules is the Income Tax (Deductions)

(Amendment) Rules, 2007 and they shall be read and construed as one

with the Income Tax (Deductions) Rules, 2001, hereinafter referred to

as “the principal rules”.

(2) These rules shall be applicable as from the year of

assessment 2008.

In rule 4 of the principle rules, immediately after subrule (4)

there shall be added the following new subrule>–

“(5) When a person pays emoluments to his or her spouse,

such emoluments are allowable as a deduction in accordance with

the provisions of article 14(1) of the Act, as long as such person

complies with the requirements of sub-rules (1) and (4) of this rule

and the spouse receiving the said emoluments has paid social

security contributions on the basic wage or salary received.”.

Mitbug[ fl-Istamperija tal-Gvern — Printed at the Government Printing Press

Lm0.04 (€0.09)