A new Act was enacted namely the Law Concerning the Transfer and Mortgaging of Immovable Property (Amended) No. 10 Law of 2015 and accordingly, it shall be read in conjunction with the Articles of the Transfer and Mortgaging of Immovable Property Laws of 1965 to (No.9) of 2015. The purpose of this legislation is to...Read More

The 1980 Tax Immovable Property Law was amended by Law N. 140(I)/2015. More specifically, Law N. 140(I)/2015 amends Article 3.The approved amendment bill which suspends the deadline for the payment of the immovable property tax until the 30th of November 2015 gives the privilege of a discount of 17,5 %, to those who decide to...Read More