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Meeting with Pascal Saint-Amans
Minister for Finance Edward Scicluna met Pascal Saint-Amans – Director, Centre for Tax Policy and Administration at the Organisation for Economic Co-operation and Development (OECD) who was visiting Malta for informal talks on prevailing tax issues which are currently of international interest. DOI – PRESS PHOTOS In particular, talks centred around the international tax environment as well…
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Global Financial Services Leadership of Ernst & Young at the Ministry for Finance
Minister for Finance Edward Scicluna received the Global Financial Services Leadership of Ernst & Young at the Ministry for Finance yesterdayafternoon. Present for this meeting were Mr. David Barker, Managing Partner of EY’s EMEIA FS Transaction Advisory Service, Mr. Ajay Rawai who specialises in advising Governments, Central Banks, banks and investors on the restructuring of banks and…
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Lura ma’ sħabi fil-Parlament Ewropew
Ninsab ċert li issa kulħadd jaf sew li Malta qed tmexxi l-Presidenza tal-Kunsill tal-Unjoni Ewropea. Bħala Ministru għall-Finanzi, jiena għandi l-Presidenza tal-Kunsill għall-Affarijiet Finanzjarji u Ekonomiċi, magħruf bħala l-ECOFIN, u fost id-dmirijiet li għandi, il-ġimgħa li għaddiet iltqajt mal-Kumitat għall-Affarijiet Monetarji u Economiċi tal-Parlament Ewropew, magħruf bħala l-ECON. Dan il-kumitat jiena nafu sew, għax fiż-żmien…
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Finance Ministry to facilitate VAT refund services for third-country nationals
Non-EU nationals will be receiving their VAT refund on items bought in Malta in a more expeditious way, thanks to an agreement signed today at the Ministry for Finance. Through this agreement, international tax free shopping operator Fintrax Group will be setting up an office under the brand Premier Tax Free at Malta International Airport,…
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Minister Scicluna presides over the first ECOFIN under Malta’s Presidency
Minister for Finance Edward Scicluna presided over the first meeting of the Economic and Financial Affairs Council (ECOFIN) under the Maltese Presidency, during which he also presented his working programme which covers financial services, economic governance, investment, taxation and the EU budget. The meeting’s agenda included a presentation by former Italian Prime Minister Mario Monti,…
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Is-Sekwenza tal-Ħin
Il-ġimgħa l-oħra tkellimna dwar ir-riskju u dwar kemm huwa fattur importanti fil-proċess tat-teħid tad-deċiżjonijiet, sew dawk ekonomiċi, kif ukoll dawk politiċi u dawk kummerċjali. Illum ser nitkellmu dwar l-importanza tal-ħin, jew inkella, s-sekwenza tal-ħin fl-ambitu ta’ deċiżjonijiet marbuta wkoll mal-ekonomija, politika u kummerċ. Iżda mhux biss. Ċertament, il-ħin mhuwiex xi kunċett ġdid. Imma biex nispjega…
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Minister Scicluna returns to the European Parliament as President of the Council of Economic and Financial Affairs (ECOFIN) to expound the Presidency programme
Minister for Finance Edward Scicluna appeared before the Economic and Financial Committee of the European Parliament (ECON) in his capacity as President of the Council of Economic and Financial Affairs Council (ECOFIN). Minister Scicluna had served as Vice-Chairman of the ECON for four years when he was a Member of the European Parliament (MEP). …
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Malta hi Tax Haven?
Jekk hemm kelma li qed tintuża ħafna fil-midja sew lokali u speċjalment barranija hija l-kelma Ingliża, tax haven, li tfisser port kenni jew x’imkien fejn jipproteġi mit-taxxa. Il-frażi użata mill-Franċiżi u t-Taljani hija paradis fiscal u paradiso fiscale, jiġifieri ġenna fiskali. It-tlett frażijiet jirreferu għal kenn mill-ħlas tat-taxxa, però, kenn mil-liema taxxa? Taxxa għolja. Jiġifieri…
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Ir-riskju meqjus
Ir-riskju bħala kunċett huwa bbażat fuq il-probabiltà li fil-futur, ser tiġri xi ħaġa. Meta nitkellmu fuq riskju, jiġuna f’moħħna l-aċċidenti, bħal pereżempju r-riskju assoċċjat mas-sewqan ta’ xi vettura, jew li tivvjaġġa permezz tal-ajruplan, vapur jew ferrovija. Hemm min, biex jiċċajta, jgħid li saħansitra s-sempliċi fatt li jmur jorqod fis-sodda jippreżenta ċertu ammont ta’ riskju, għax…
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Record low 2016 third quarter deficit
The Quarterly Accounts for General Government, published today by the NSO, show that the Government has succeeded in recording the lowest third quarter deficit since data on the General Government deficit started being compiled. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE Indeed, the General Government deficit for the third quarter of 2016 fell…