Month: June 2016

  • Ministry for Finance publishes Annual Report for 2015

    Ministry for Finance publishes Annual Report for 2015

    The Ministry for Finance (MFIN) has published today the annual report for 2015 in line with Article 41 of the Fiscal Responsibility Act. This is the second annual report since the enactment of the Fiscal Responsibility Act in August 2014.   PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE In line with Article 41(2), the…

  • #130 – Agreement on the Anti Tax Avoidance Directive

    #130 – Agreement on the Anti Tax Avoidance Directive

      What is the difference between tax avoidance and tax evasion? What were large multinational companies doing to reduce tax liability and avoid paying taxes? What action did the EU Council of Finance Ministers take? What action did Malta take to protect our taxation system?     Ftehim fuq direttiva li tiġġieled l-abbuż fuq it-taxxa…

  • Riflessjonijiet fuq is-suċċess ekonomiku

    Riflessjonijiet fuq is-suċċess ekonomiku

    Kull bniedem irid l-aħjar kemm għalih innifsu kif ukoll għal-familjari tiegħu. Għalhekk il-persuna tagħmel pjanijiet u taħseb kif ser twettaq dawk il-pjanijiet sabiex tikseb dawk l-affarijiet, il-miri li tkun daħħlet f’moħħa li twettaq u tikseb. U bla dubju ta’ xejn, l-ewwel kisba li persuna tkun trid li twettaq, hu dak li tidħol fis-suq tax-xogħol. Ix-xogħol…

  • Lowest January to May deficit on record

    Lowest January to May deficit on record

    Latest Government Finance Data issued today by the National Statistics Office (NSO) shows that the consolidated fund deficit for the first five months of this year declined by €47.5 million to €71.3 million, thus becoming the lowest January to May deficit since Malta became an EU member.   PRESS RELEASE ISSUED BY THE MINISTRY FOR…

  • Minister for Finance attends the launch of ACCA-X programme

    Minister for Finance attends the launch of ACCA-X programme

    Minister for Finance Prof. Edward Scicluna addressed a press conference on the launch of the ACCA-X online courses by the Association of Chartered Certified Accountants (ACCA). This was launched in collaboration with Deloitte Malta and AIM Professional Academy.   PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE Speaking during the launch of the ACCA-X programme…

  • Gvern Li Jisma’ – Berġa ta’ Kastilja

    Gvern Li Jisma’ – Berġa ta’ Kastilja

    Gvern Li Jisma’ – Agħti Sehmek fid-Diskussjoni Il-Ġimgħa 8 ta’ Lulju fis-6:45pm Ibbukkja l-post tiegħek: http://goo.gl/xgesVC jew ċempel 2599 8500 Facebook Event Page >>         —   Upcoming Events: http://www.edwardscicluna.com/?p=4389 Visit Website: http://www.edwardscicluna.com/ Like on Facebook: https://www.fb.com/edwardsciclunadotcom Follow on Twitter: https://twitter.com/edward_scicluna Connect on LinkedIn: http://linkd.in/1DAbMFy Subscribe for Newsletter: http://bit.ly/1FtfSi6 Please check this page regularly to see any upcoming events.

  • EU tax agreement

    EU tax agreement

    Speaking at a meeting of EU Finance Ministers (ECOFIN Council) in Luxembourg today, 17 June 2016, Minister for Finance Edward Scicluna stated that Malta can accept the latest version of a proposal for an EU Anti-Tax Avoidance Directive following several amendments that have been made to the text which address the country’s original concerns.  …

  • Finance Minister Edward Scicluna addresses the Operators of the European Financial Regulated Markets

    Finance Minister Edward Scicluna addresses the Operators of the European Financial Regulated Markets

    This afternoon Minister for Finance Edward Scicluna addressed the Federation of European Securities Exchanges (FESE), which is holding its annual convention at the Hilton, St Julian’s. PRESS RELEASE BY THE MINISTRY FOR FINANCE Prof Scicluna remarked that as a result of the financial crises, in order to strengthen the sector while protecting the investor, pieces…

  • Malta Records Highest Employment Growth in the EU for the Second Consecutive Quarter

    Malta Records Highest Employment Growth in the EU for the Second Consecutive Quarter

    Latest employment figures released by Eurostat show that in the first quarter of this year Malta recorded the highest employment growth amongst the 28 EU member states with an employment growth rate of 3.7 per cent.   PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE   This marks a second consecutive quarter in which Malta…

  • Malta Finance Minister addresses ASEM meeting on behalf of the EU Presidency Trio

    Malta Finance Minister addresses ASEM meeting on behalf of the EU Presidency Trio

    The Minister for Finance, Professor Edward Scicluna during a meeting of European and Asian Finance Ministers in Mongolia said that the financial and debt crises has proved an incentive for improving European institutions and rules, and has helped its members to think strategically on where they wanted to be in the future. PRESS RELEASE BY…