Capital Gains Tax & Stamp Duty on Transfers of Securities

The Seminar will address the Capital Gains Taxes on transfer of Securities in terms of the Maltese Income Tax Act. During the Seminar, the following will be tackled:

• The scope of the capital gains rules in particular an analysis of the disposals of securities;
• The concept of ‘controlling interest’ and illustration of how a transfer of a controlling interest impacts the calculation of the chargeable capital gain;
• Computing capital gains upon the transfer of securities.

The Speaker

Jana Farrugia, a senior manager at Deloitte Malta, is a Certified Public Accountant and Registered Auditor. She graduated with a Bachelor of Accountancy (Hons.) Degree from the University of Malta, after which she pursued her post-graduate Diploma in Taxation from the Malta Institute of Taxation. Her main area of practice is taxation and related matters including corporate tax and international tax. She has assisted local and international clients operating in diverse industries in both compliance and advisory tax matters. She managed a tax practice in a large mid-tier firm for twelve years before joining Deloitte. Jana sits on the Committee of Direct Taxation of the Malta Institute of Accountants, is a fellow member of the Malta Institute of Taxation and the Malta Institute of Accountants, and a member of the Malta Institute of Financial Service Practitioners. She has lectured in both direct and indirect tax matters, as well as at the University of Malta.