Act No. X of 1992 - Death and Donation Duty (Amendment) Act
Seventh Legislature (1992 - 1996)
| Download the Document | |
| Published on | 21 July 1992 |
Bill No. 15 - Death and Donation Duty (Amendment) Bill
| Debated in | 1st Reading | 2nd Reading | Committee | Recommittal | 3rd Reading |
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Sitting No. 029
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22 Jun 1992
Plenary Session |
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Sitting No. 039
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15 Jul 1992
Plenary Session |
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Sitting No. 039
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15 Jul 1992
Plenary Session |
⦿ | ⦿ |
Objects and Reasons
The Object of this Bill is to exempt from duty all transmissions happening through the consolidation of usufruct with the nuda proprietas and to increase the thresholds of the exemption in respect of the value of the deceased's residence and of the non-taxable portion of estates, as announced in the Budget Speech for 1992.