Finance Minister Prof. Edward Scicluna announced various measures in the Budget Speech for 2017. These include fiscal amendments targeted to enhance investment in shares listed in the Malta Stock Exchange (“MSE“), reduction in stamp duty on transfers of businesses from parents to their children, and other incentives aimed to encourage restoration of properties in an Urban Conservation Area (“UCA“). Other social measures include exemptions on pension income.
For further information about the principal measures to be introduced kindly click here.
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