Miżura fiskali li kienet tħabbret mill-Ministru għall-Finanzi Edward Scicluna fid-diskors tal-Budget 2016 u li kienet tikkonċerna trasferiment ta’ negozji tal-familja fi ħdan l-istess familja, issa ġiet estiża sat-30 ta’ Settembru ta’ din is-sena. L-avviż legali (A.L.) rispettiv jinħareġ il-ġimgħa d-dieħla.
STQARRIJA MILL-MINISTERU GĦALL-FINANZI
Permezz ta’ din il-miżura, negozji tal-familja li kienu qed jgħaddu minn ġenerazzjoni għall-oħra permezz ta’ att ta’ donazzjoni kienet tnaqqsitilhom it-taxxa tad-donazzjoni minn 5% għal 1.5%.
Din it-taxxa tapplika kemm għal proprjetà mobbli kif ukoll immobbli sakemm tali proprjetà tkun ilha kunsidrata bħala negozju tal-familja minn tliet snin qabel l-att ta’ donazzjoni. Barra minn hekk l-istess proprjetà tkun trid tibqa’ bħala negozju tal-familja għat-tliet snin ta’ wara l-att ta’ donazzjoni.
“Il-komunità kummerċjali rreaġixxiet b’mod favorevoli għal din il-miżura u meqjusa l-komplessività tat-tranżazzjoni nemmnu li jkun għaqli li nestendu l-perjodu ta’ din il-miżura b’sitt xhur”, qal il-Ministru għall-Finanzi Edward Scicluna.
Extension of the reduced rate of duty for inter-genertion family business transfers
Minister for Finance Edward Scicluna would like to inform the public that the Budget fiscal measure whereby family businesses which are passed from one generation to another through an act of donation, benefit from a reduction in transfer duties from 5% to 1.5%, is going to be extended till 30 September 2018. The respective Legal Notice (L.N.) would be published next week.
PRESS RELEASE BY THE MINISTRY FOR FINANCE
This duty applies to immovable and movable property making up the business, which must have been held as a family business for three years prior to the donation and must be retained as a family business for three years following the donation.
“The business community reacted favourably to this measure and due to the complexity involved in concluding such a transaction, we felt that it is wise to extend the period for such succession transfer of business by six months”, stated Minister for Finance Edward Scicluna.
Friday 16th March 2018