Main features of the Budget Measures Implementation Bill, 2013
The Budget Measures Implementation Act, 2013 was passed through parliament. The amendments include the introduction of a new tax bracket, the extension of the participation exemption to apply to branches, the extension of the royalty exemption, enabling provisions for rules on the fiscal unity, amendments designed to benefit the pensions industry and the removal of duty upon certain transfers of immovable property by inheritance or donation between parents and their children.
© 2024 KPMG, a Maltese civil partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://kpmg.com/governance.