Income Tax Act (Cap. 123), article 61

61. For the purposes of ar ticles 62 to 69: (a) a "recipient" shall mean: (i) a person, other than a company, resident in Malta in the year in which a dividend is received by him or by any person on his behalf; or (ii) a non-resident person (including a non-resident company) who is owned and controlled by, directly or indirectly, or who acts on behalf of, an individual who is ordinarily resident and domiciled in Malta; or (iii) a trustee of a trust where the beneficiaries of s u c h t r u s t a r e p e r s o n s r e f e r r e d t o i n subparagraphs (i) and (ii); or (iv) an EU/EEA individual (and his or her spouse where applicable) in the circumstances envisaged by the first and second provisos to article 56(1)( c); (b) an "untaxed dividend" shall mean a dividend paid by a company resident in Malta to the extent that it is paid out of distributable profits allocated to its untaxed account. Tax on dividend from untaxed account. Added by: XVII. 1994.26.