The Government of Malta has published Legal Notice 99 of 2023, by virtue of which reference to the 31st December 2022 in Rule 12 of the Assignments of Rights Acquired under a Promise of Sale Agreement Rules (SL 123.198) was deleted. Thus the application of the 15% tax rate where the consideration does not exceed Eur100,000 (Rule 5) which applies to assignments made after 31 December 2020 was extended beyond the 31st December 2022.
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Assignment of rights acquired under a promise of sale agreement
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