10.7.8.40 Proportional Income - Agreement with Malta
Proportional income
Article 8 of the Agreement with Malta provides that only a proportion of Maltese benefit is to be assessed as income when calculating the rate of Australian benefit paid overseas. This concessional treatment only applies when a person's Australian benefit is proportional as in 10.7.8.20. See 10.1.9.40 for the general method of working out proportional income.
Act reference: SS(IntAgree)Act Schedule 6 Malta
Policy reference: SS Guide 10.1.9.40 Calculating proportional income under agreements, 10.7.8.20 Outside Australia Rate - Agreement with Malta