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Extension for reduced rate of stamp duty on the transfer of a family business Corporate and M&A

Extension for reduced rate of stamp duty on the transfer of a family business

The reduced rate of stamp duty applicable to the transfer of shares in a family business from 2% to 1.5% has been extended for a further period of six months until 30th September 2018, in accordance with Legal Notice 82 of 2018 entitled Duty on Donations of Marketable Securities and Immovable Property Used for Business (Exemption) Order.The reduction in stamp duty applies in relation to:​The transfer of shares in a Maltese registered company and includes the transfer by means of donation by qualifying family members, which is defined as being a donation to one's spouse or partner in a civil…
Ian Busuttil
23rd April 2018
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Extension for reduced rate of stamp duty on the transfer of a family business Corporate and M&A

Extension for reduced rate of stamp duty on the transfer of a family business

The reduced rate of stamp duty applicable to the transfer of shares in a family business from 2% to 1.5% has been extended for a further period of six months until 30th September 2018, in accordance with Legal Notice 82 of 2018 entitled Duty on Donations of Marketable Securities and Immovable Property Used for Business (Exemption) Order.The reduction in stamp duty applies in relation to:​The transfer of shares in a Maltese registered company and includes the transfer by means of donation by qualifying family members, which is defined as being a donation to one's spouse or partner in a civil…
Ian Busuttil
23rd April 2018
News_AAC.jpg
Extension for reduced rate of stamp duty on the transfer of a family business Corporate and M&A

Extension for reduced rate of stamp duty on the transfer of a family business

The reduced rate of stamp duty applicable to the transfer of shares in a family business from 2% to 1.5% has been extended for a further period of six months until 30th September 2018, in accordance with Legal Notice 82 of 2018 entitled Duty on Donations of Marketable Securities and Immovable Property Used for Business (Exemption) Order.The reduction in stamp duty applies in relation to:​The transfer of shares in a Maltese registered company and includes the transfer by means of donation by qualifying family members, which is defined as being a donation to one's spouse or partner in a civil…
Ian Busuttil
23rd April 2018
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The ‘New Deal for Consumers’ – better consumer protection within the EU Corporate and M&A

The ‘New Deal for Consumers’ – better consumer protection within the EU

On 11 April 2018, the European Commission adopted the New Deal for Consumers – a package composed of two proposals for Directives and a Communication.The proposed Directives concern: (i) representative actions for the protection of the collective interests of consumers, and the repeal of the Injunctions Directive; and (ii) amendments to the Unfair Contract Terms Directive, Price Indications Directive, Unfair Commercial Practices Directive and the Consumer Rights Directive.Whilst the first proposal is aimed at improving the tools to stop illegal practices and facilitate redress for consumers, the second is aimed at improving enforcement and modernising EU consumer legislation in light…
Annalies Muscat
17th April 2018
News_NDC.jpg
The ‘New Deal for Consumers’ – better consumer protection within the EU Corporate and M&A

The ‘New Deal for Consumers’ – better consumer protection within the EU

On 11 April 2018, the European Commission adopted the New Deal for Consumers – a package composed of two proposals for Directives and a Communication.The proposed Directives concern: (i) representative actions for the protection of the collective interests of consumers, and the repeal of the Injunctions Directive; and (ii) amendments to the Unfair Contract Terms Directive, Price Indications Directive, Unfair Commercial Practices Directive and the Consumer Rights Directive.Whilst the first proposal is aimed at improving the tools to stop illegal practices and facilitate redress for consumers, the second is aimed at improving enforcement and modernising EU consumer legislation in light…
Annalies Muscat
17th April 2018
News_NDC.jpg
The ‘New Deal for Consumers’ – better consumer protection within the EU Corporate and M&A

The ‘New Deal for Consumers’ – better consumer protection within the EU

On 11 April 2018, the European Commission adopted the New Deal for Consumers – a package composed of two proposals for Directives and a Communication.The proposed Directives concern: (i) representative actions for the protection of the collective interests of consumers, and the repeal of the Injunctions Directive; and (ii) amendments to the Unfair Contract Terms Directive, Price Indications Directive, Unfair Commercial Practices Directive and the Consumer Rights Directive.Whilst the first proposal is aimed at improving the tools to stop illegal practices and facilitate redress for consumers, the second is aimed at improving enforcement and modernising EU consumer legislation in light…
Annalies Muscat
17th April 2018