Tax Credit

Document Sample
Tax Credit
B 989

Suppliment tal-Gazzetta tal-Gvern ta’ Malta, Nru. 18,185, 5 ta’ Frar, 2008

Taqsima B

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A.L. 55 ta’ l-2008



ATT DWAR IT-TAXXA FUQ L-INCOME

(KAP. 123)



Regoli ta’ l-2008 li jemendaw ir-Regoli dwar Kreditu ta’ Taxxa

(Negozju Elettroniku)





BIS-SA{{A tas-setg[at mog[tija bl-artikoli 14(2) u 96 ta’ l-

Att dwar it-Taxxa fuq l-Income, hawn i]jed ’il quddiem imsejja[ “l-

Att ”, il-Prim Ministru u Ministru tal-Finanzi g[amel dawn ir-regoli

li ;ejjin>-



1. (1) It-titolu ta’ dawn ir-regoli hu Regoli ta’ l-2008 li Titolu u data

effettiva.

jemendaw ir-Regoli dwar Kreditu ta’ Taxxa (Negozju Elettroniku), u

g[andhom jinqraw u jiftiehmu [a;a wa[da mar-Regoli ta’ l-2005 dwar A.L.333 ta’ l-2005

Kreditu ta’ Taxxa (Negozju Elettroniku), hawnhekk i]jed ’il quddiem

imsej[a  ”ir-regoli prinçipali”. 



(2) Dawn ir-regoli g[andhom jitqiesu li da[lu fis-se[[ mis-

sena ta’ stima 2009 fir-rigward ta’ nefqa kwalifikanti li ssir fi jew wara

l-1 ta’ Jannar 2008.



2. Fit-Titolu u fis-subregola (1) tar-regola 1 tar-regoli prinçipali Temenda t-titolu u

r-regola 1 tar-

minflok il-kelma “negozju” g[andha tid[ol il-kelma “kummerç”. regoli prinçipali.



3. Ir-regola 2 tar-regoli prinçipali g[andha ti;i emendata kif ;ej> Temenda r-regola

2 tar-regoli

(a) it-tifsira “kontenut” g[andha ti;i m[assra



“ “utent eli;ibbli” tfisser intrapri]a ]g[ira jew ta’ daqs

medju li ti;;estixxi seng[a, negozju, professjoni jew

vokazzjoni, u li tag[mel jew fi [siebha tag[mel nfieq

kwalifikanti g[al jew b’konnessjoni ma’ pro;ett

kwalifikanti



“nfieq kwalifikanti” tfisser infieq mag[mul fit-twettieq

ta’ pro;ett approvat g[all-akkwist ta’ assi tan;ibbli jew

intan;ibbli li jikkonsistu f’hardware jew software tal-

kompjuter jew servizzi g[all-i]vilupp ta’ websites’g[al jew

b’konnessjoni ma’ l-i]vilupp ta’ sistemi ta’ kummerç

elettroniku li jag[mlu possibbli l-bejg[ ta’ o;;etti tan;ibbli

jew servizzi permezz ta’ transazzjonijiet ta’ negozju

ipproessati fuq networks elettroniçi disponibbli g[all-

pubbliku

tar-regoli prinçipali.



(a) fis-subregola (1) tag[ha, minflok il-kliem “kumpannija

kwalifikanti tag[mel” g[andhom jid[lu l-kliem “utent eli;ibbli

jag[mel” u minflok il-kliem “hija jkollha” g[andhom jid[lu l-kliem

“huwa jkollu”

tar-regoli prinçipali.



(a) fis-subregola (1) tag[ha, minflok il-kliem “kumpannija

tag[mel jew tkun bi [sieb[a tag[mel” g[andhom jid[lu l-kliem

“utent eli;ibbli jag[mel jew ikun bi [siebu jag[mel”, u minflok il-

kliem “hija tista’ tag[mel” g[andhom jid[lu l-kliem “huwa jista’

jag[mel”

(a) fil-paragrafu (d) tas-subregola (1) tag[ha, minflok il-

kliem “l-intensità ta’ g[ajnuna mog[tija mill-Istat” g[andha tid[ol

il-kelma “g[ajnuna” u minflok il-kliem “ li tkun intitolata g[alih

l-applikanti” g[andhom jid[lu l-kliem “li jkun intitolat g[alih l-

applikant”

(a) fil-paragrafu (a) tas-subregola (1) tag[ha, minflok il-

kelma “il-kumpannija” g[andhom jid[lu l-kliem “l-utent eli;ibbli” prinçipali.

(a) is-subregola (1) tag[ha g[andha ti;i sostitwita b’dan li

;ej>”

(1) Il-kreditu ta’ taxxa dovut g[al sena ta’ stima ta[t

dawn ir-regoli jkun daqs 100% tal-valur ta’ l-infieq

permissibbli sa massimu ta’ €12,000 g[al kull pro;ett

eli;ibbli.”

B 992

(2) Minkejja d-dispo]izzjonijiet tas-subregola (1), il-

kreditu ta’ g[ajnuna dovuta lil utent eli;ibbli dwar pro;ett

approvat ma g[andux jaqbe] fit-total tieg[u €200,000 fuq

perjodu li jakkumula ta’ tlett snin fiskali skond ir-Regolament

tal-Kummissjoni (KE) Nru. 1998#2006 dwar l-applikazzjoni

ta’ l-Artikoli 87 u 88 tat-Trattat KE g[al g[ajnuna de minimis>

I]da meta l-utent eli;ibbli in kwistjoni jkun ta’ g[ajnuna

mill-Istat dwar infieq mag[mul fit-twettiq tal-pro;ett, b’mod

li ma jkunx dak provdut f’dawn ir-regoli, dak il-limitu ta’

€200,000 g[andu jonqos bil-valur ta’ dik l-g[ajnuna l-o[ra

13 tar-regoli

prinçipali. (a) fis-subregola (1) tag[ha, minflok il-kliem “kumpannija”

u “dik il-kumpannija”, g[andhom jid[lu l-kliem “utent eli;ibbli”

u “dak l-utent eli;ibbli” rispettivament

“Kif 17. Safejn dawn ir-regoli jipprovdu u jirregolaw il-

japplikaw

dawn benefiji g[al intrapri]i zg[ar jew ta’ daqs medju, dawn

ir-regoli. qeg[din ji;u ordnati u g[andhom ji;u applikati skond ir-

Regolament tal-Kummissjoni (KE) Nru. 1998#2006 dwar l-

applikazzjoni ta’ l-Artikoli 87 u 88 tat-Trattat KE g[al

g[ajnuna de minimis, kif sussegwentement emendat.”.

B 993

L.N. 55 of 2008



INCOME TAX ACT

(CAP. 123)



Tax Credit (Electronic Business) (Amendment) Rules, 2008



IN exercise of the powers conferred upon him by articles 14(2)

and 96 of the Income Tax Act hereinafter referred to as “the Act”, the

Prime Minister and Minister of Finance has made the following rules>–



1. (1) The title of these Rules is the Tax Credit (Electronic Title and effective

date.

Business) (Amendment) Rules, 2008, and they shall be read and construed

as one with the Tax Credit (Electronic Business) Rules, 2005, hereinafter L.N.333 of 2005.



referred to as “the principal rules”.



(2) These rules shall apply with effect from year of

assessment 2009 in respect of qualifying expenditure incurred on or after

the 1st January, 2008.



2. In the Title and in sub-rule (1) of rule 1of the principal rules for Amends title and

rule 1 of the

the word “business”, there shall be substituted the word “commerce”. principal rules.





3. Rule 2 of the principal rules shall be amended as follows > Amends rule 2 of

the principal rules.



(a) the definition “company” shall be deleted



““eligible user” means a small or medium-sized

enterprise which carries on a trade, business, profession or

vocation and which incurs or intends to incur a qualifying

expenditure for or in connection with a qualifying project



“qualifying expenditure” means expenditure incurred in

the carrying out of an approved project for the acquisition of

B 994

tangible and intangible assets consisting of computer hardware

or software or website development services for or in

connection with the development of e-commerce systems that

enable the sale of tangible goods or services through business

transactions processed over a publicly accessible electronic

networks



“qualifying project” means a project carried out or to be

carried out by an eligible user for the creation, development or

acquisition of an e-commerce system that enables the sale of

tangible goods or services over publicly accessible electronic

networks

the principal

rules.

(a) in sub-rule (1) thereof for the words “a qualifying

company” there shall be substituted the words “an eligible user”

the principal

rules.

(a) in sub-rule (1) thereof, for the words “a qualifying

company” there shall be substituted the words “an eligible user”

the principal

rules.

(a) in paragraph (d) of sub-rule (1) thereof, for the words

“aggregate State aid intensity” there shall be substituted the word

“aid” Amends rule 8 of

the principal rules.



(a) in sub-rule (1) thereof, for the word “company” there

shall be substituted the words “eligible user” Amends rule 9 of

the principal rules.



(a) in paragraph (a) of sub-rule (1) thereof, for the word

“company” there shall be substituted the words “eligible user” Amends rule 10 of

the principal

rules.

(a) for sub-rule (1) thereof, there shall be substituted the

following>



“(1) The tax credit due for a year of assessment under

these rules shall be equivalent to 100% of the value of the

eligible expenditure up to a maximum of €12,000 for every

eligible project.”

“(2) Notwithstanding the provisions of sub-rule (1),

the total aid due to an eligible user in respect of an approved

project shall not exceed in the aggregate €200,000 over a

rolling three fiscal year period in terms of Commission

Regulation (EC) No. 1998#2006 on the application of Articles

87 and 88 of the EC Treaty to de minimis aid>

B 996

Provided that where the eligible user in question has

benefited from any state aid in respect of expenditure incurred

in the carrying out of the project, other than as provided for in

these rules, the said threshold of €200,000 shall be reduced by

the value of that other benefit>



Provided further that the correct calculation of the said

reduction, where applicable, shall be the sole responsibility of

the eligible user.”

the principal

rules.

(a) in sub-rule (1) thereof, for the words “a company” and

“that company” there shall be substituted the words “an eligible user”

and “that eligible user” respectively



“Applicability 17. Insofar as these rules provide for and regulate

of these

rules. benefits for small and medium sized enterprises, they are

prescribed and shall be applied in accordance with

Commission Regulation (EC) No. 1998#2006 on the

application of Articles 87 and 88 of the EC Treaty to de

minimis aid, as subsequently amended.”.

_______________________________________________________________________________________________________________________

Ippubblikat mid-Dipartiment ta’ l-Informazzjoni (doi.gov.mt) — Valletta — Published by the Department of Information (doi.gov.mt) — Valletta

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

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