 |
 |
 |
 |
 |
 |
 |
||
| ||||||||
Government Assists First Time Buyers
Exceptions to the 12% current capital gains tax.
Government has launched a scheme to assist those who cannot reach the price of their desired property through a bank loan due to a shortfall between what they can borrow and the price of the property. It is intended for those who wish to purchase property from the private sector valued at a maximum ...
more
more
Currently property sold in Malta is taxed at 12% (on the vendor), however, there are a few exceptions worth noting where a transfer of property is taxed under the old system.
Exceptions to the 12 % tax relevant to date are the following:
1. when the transfer of the property is made within 5 years...
more
more
