In the Press: Gaffarena property seller could face heavy taxes

Times of Malta

The family who sold Mark Gaffarena a quarter of a property in Valletta for €139,762 may be faced with a hefty tax bill worth more than the sale price. A tax expert said that the bill, including tax and duty, could rise to €180,000. As buyer, Gaffarena could be exposed to an additional payment of €50,523.

In-Nazzjon

A man who has been renting land at Bahar ic-Caghaq from the Lands Department for the past 11 years has claimed that the government has evicted him to give the land to Gaffarena as part of the Valletta expropriation deal.

L-Orizzont

A nine-month-old baby drowned in a bath while her 17-year-old mother was chatting with a friend on Facebook. The mother was handed a suspended sentence after a magistrate found her guilty of negligence.

The Malta Independent

Senior EU officials have for the first time formally discussed the possibility that Greece could default on their debts. Government representatives, preparing next week’s meeting of Eurozone finance ministers, concluded at talks that a successful cash-for-reform deal was unlikely to be agreed upon by the deadline next week.