Malta Provides Income Tax and Stamp Duty Relief on Property Transfers and Extends Other Relief

Malta has published Legal Notice 461 of 2021, which contains the Relief from Income Tax and from Duty on Documents and Transfers on Certain Property Transfers Rules, 2021. The main relief provided by the rules is summarized as follows. The rules provide relief (exemption) from income tax and duty on documents and transfers on the first EUR 750,000 of the transfer value of any qualifying transfers made on or after 12 October 2021 but not later than 31 December 2024. Qualifying property transf…