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EU should have carried out an impact assessment of tax changes
Speaking at an ECOFIN meeting of EU Finance Ministers in Brussels today, the Minister for Finance, Prof. Edward Scicluna, expressed disappointment that the proposed Anti-Tax-Avoidance Directive was not accompanied by an Impact Assessment which would have indicated the effect on Member States and also on the EU as a whole. This is especially so if…
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Malta’s increased attractiveness to foreign investors
Hot on the heels of the European Commissions’ affirmation, in its Winter 2016 Economic Forecast, that the main engine of economic growth in 2015 continued to be investment, the latest figures on foreign direct investment (FDI) published by the National Statistics Office (NSO) on Friday 12th February 2016 show that FDI flows in Malta, increased…