INVESTMENT INCOME _g S.L.123.60 1
SUBSIDIARY LEGISLATION 123.60
INVESTMENT INCOME REGULATIONS
1st January, 2002
LEGAL NOTICE 51 of 2002, as amended by Legal Notice 186 of 2003.
Title.
Regulations.
Rendering of 
account to 
Commissioner.
Amended by:
L.N. 186 of 2003.
Cap. 123.
2. Every payor of investment income shall, by the fourteenth
day following the end of the month during which he has made
payments of investment income, together with the remittance of the
tax deducted under article 33(1) of the Income Tax Act, hereinafter
referred to as "the Act", render to the Commissioner an account
which shall include the details contained in the Schedule A.
Registration of 
payor.
Added by:
L.N. 186 of 2003.
3. (1) Every person who assumes the obligations of a payor
of investment income after the coming into force of these
regulations shall register with the Commissioner within two months
of the day when, but not later than fifteen days before, an actual
payment is made.
(2) Every other person who is a payor of investment income
shall register with the Commissioner within one month from the
coming into force of these regulations.
(3) The registration referred to in this regulation shall be made
on the form prescribed in Schedule B.
Certificate of 
registration.
Added by:
L.N. 186 of 2003.
4. On being satisfied with the registration made in accordance
with regulation 3, the Commissioner shall confirm such registration
by issuing a certificate of registration.
2 _g S.L.123.60 INVESTMENT INCOME
Monthly account to be rendered to the Commissioner of Inland Revenue by payors of 
investment income
1. Name and address of the payor .....................................................................
.....................................................................................................................
2. Month ending ..............................................................................................
3. Totals for each type of investment income specified in articles 41( a ) and
41A( a ) of the Act paid during the month and totals of tax withheld on each (where
applicable), specified by currency and distinguishing between investment income
arising in Malta and investment income arising outside Malta, shown separately as
investment income paid to:
( a ) prescribed funds, as defined in article 41A( b ) of the Act, and on which
tax at the rate of ten cents on every lira was deducted;
( b ) prescribed funds, as defined in article 41A( b ) of the Act, and on which
tax at the rate of fifteen cents on every lira was deducted;
( c ) recipients resident in Malta, not being prescribed funds, and on which
tax at the rate of fifteen cents on every lira was deducted;
( d ) recipients resident in Malta who, under the provisions of article 35 of
the Act, elected to be paid without deduction of tax;
( e ) persons not resident in Malta;
( f ) a person, other than a person not resident in Malta, who
is not a recipient as defined in article 41( c ) of the Act.
4. Total tax refunded or credited to recipients deducted erroneously in a
previous month, or as authorised by the Commissioner:
( a ) accounts denominated in Maltese lira;
( b ) accounts denominated in other currencies, specified per currency.
5. Date ............................................................................................................
6. Signature  ....................................................................................................
7. Name in full .................................................................................................
8.  Designation ................................................................................................
Substituted by:
L.N. 186 of 2003. SCHEDULE A(Regulation 2)
INVESTMENT INCOME _g S.L.123.60 3
Inland Revenue Department
Registration of payors of investment income
I, the undersigned, hereby register as payor of investment income for the
purposes of the investment income provisions of the Income Tax Act and declare
that:
- I have assumed the obligations of a payor as defined under the
Investment Income Provisions of the Income Tax Act;
- I am aware of all the requirements under the Income Tax Acts in
relation to the above obligations; and
- I have examined the contents of this return and, to the best of my
knowledge and belief, it is true, correct and complete
1. Name and address of the payor .....................................................................
2. Income Tax Registration number .................................................................
3. ROC number (where applicable) ..................................................................
4. Name of Principal Officer ............................................................................
5. Designation .................................................................................................
6. Signature .....................................................................................................
7. Date ............................................................................................................
SCHEDULE B Added by:L.N. 186 of 2003.
(Regulation 3)
