Reduced duty rate on intra-family transfers - extended deadline

Deloitte Malta Tax Alert

10 October 2018

On 9 October 2018, the Minister for Finance, through Legal Notice 320 of 2018, announced a further extension to the timeframes for the application of the reduced 1.5% duty rate on qualifying intra-family transfers. The relevant conditions are detailed in Deloitte Malta Tax Alert 'Reduced duty rate on intra-family transfers'.    

The reduced duty rate shall remain applicable where, the donations are effected (through a public deed), and the applicable schedules are delivered to the Commissioner for Revenue by 31 December 2018 (previously extended to 30 September 2018).

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