Property Tax often includes annual taxes based on the value of immovable property, taxes on sales of real property, net wealth taxes, taxes on inheritances and gifts, taxes on transfers of securities, and even taxes on the non-use, or uneconomically wanted, or non-economically beneficial, types of properties. In Malta, property tax is one way of […]
The Notarial Council is expecting the government to reconsider its decision to eliminate the possibility for property sellers to pay capital gains tax, at least in certain transactions. It has proposed concrete alternatives to the Ministry of Finance and the Inland Revenue Department. However, such changes should only be completed after a thorough consultation is […]
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By Faiza Seth Living a luxurious lifestyle is as much about the interior décor as it is about purchasing a majestic home. From state of the art home systems to coveted closet space, the custom options are endless. “These are the kinds of amenities our network is seeing buyer interest in,” said Wendy Purvey, chief marketing […]
Sotheby’s November evening sale of Impressionist & Modern Art achieved $422.1 million, the highest total in Sotheby’s history. Leading the sale were two sculptures, Alberto Giacometti’s Chariot, selling for an historic sum of $101 million, and Amadeo Modigliani’s Tête, which achieved $70.7 million.
BY VIVIENNE BECKER The astonishing $32.6 million achieved in November by Mrs Paul Mellon’s rare and ravishing blue diamond weighing 9.75 carats crowned a year in which important diamonds proved the invincibility that is part of their legend. The pear-shaped diamond, christened the Zoe Diamond by its Hong Kong buyer, is according to David Bennett, […]
Climate Malta’s climate is strongly influenced by the sea and is typical of the Mediterranean. The Islands have a very sunny climate with a daily average of five to six hours sunshine in mid-winter to around 12 hours in summer. Winters are mild, with the occasional short chilly period brought about by the north and […]
Elisa Scavino is the 32-year-old granddaughter of Paolo Scavino, who founded the Piedmont winery that bears his name in 1921. It is very much a family business and Elisa works closely, as winemaker, with her father, Enrico, and her sister Enrica, who handles the marketing. They produce a wide range of excellent, affordable Dolcetto, Barbera […]