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Qualifying Employment in Aviation Amendment

Qualifying Employment in Aviation Amendment

Income Tax Act (CAP. 123) Qualifying Employment in Aviation (Personal Tax) (Amendment) Rules, 2020

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By virtue of Legal Notice 177 of 2016, published on 24 May 2016, the Maltese Government introduced a new set of rules with the aim of attracting EEA/Swiss and third country nationals who hold an eligible office in the aviation industry to Malta.

As a result, a beneficiary may opt to be taxed at a flat rate of 15% on the income earned from a qualifying contract of employment in an eligible office.

With effect from 1st January 2020, the legal notice 120 of 2020 has placed European Union (‘EU’) and third country nationals (‘TNCs’) on equal footing. This is due to the period of application being extended to a consecutive period of five years for all persons, regardless of whether they are EU or TNCs.

Previously TNCs were eligible for a consecutive period of four years.

In both cases the reduced rate may be extendable for a maximum period of 10 years.

One can access the full legal notice.

For further information and guidance on these changes kindly contact  Stephan Piazza or Francesca Ferrando.

Qualifying Employment in Aviation Amendment

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KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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