Qualifying Employment in Aviation

L.N. 378 of 2017

INCOME TAX ACT

(CAP. 123)

Qualifying Employment in Aviation

(Personal Tax) (Amendment) Rules, 2017

IN EXERCISE of the powers conferred by articles 56(21) and 96

of the Income Tax Act, the Minister responsible for Finance has made

the following rules:-

The title of these rules is the Qualifying Employment in

Aviation (Personal Tax) (Amendment) Rules, 2017, and these rules

shall be read and construed as one with the Qualifying Employment in

Aviation (Personal Tax) Rules, hereinafter referred to as "the principal

rules".

Immediately before the existing proviso of sub-rule (1) of

rule 5 of the principal rules, there shall be added the following new

proviso

"Provided that should income from a qualifying contract of

employment exceed the sum of five million euro (€5,000,000), no

further tax would be charged on income from a qualifying contract of

employment in excess of five million euro (€5,000,000):".

€0.09