Topic: Tax
Insights
New OECD measures: an opportunity for Malta?
Following recent media scandals, the OECD has intensified its recent work to lay down new international standards to tackle tax evasion and tax avoidance amongst others. The OECD has estimated that €90 to €210 billion Euros are being lost every year through tax avoidance. There are currently 15 base erosion...
The Apple ruling and its relevance to the Maltese tax regime
In a recent State aid ruling delivered by the European Commission’s competition department, Apple Inc., a multinational consumer electronics company, was ordered to pay €13 billion (plus interest) to the Irish Government in the form of retroactive tax payments.
Commenting on the Commission’s ruling, Competition Commissioner Margrethe Vestager argued that:...