{"id":38705,"date":"2017-01-11T10:49:49","date_gmt":"2017-01-11T08:49:49","guid":{"rendered":"https:\/\/sg.admk-dev.de\/maltese-eu-presidency-new-report-shows-island-state-is-a-tax-haven\/"},"modified":"2017-01-11T10:49:49","modified_gmt":"2017-01-11T08:49:49","slug":"maltese-eu-presidency-new-report-shows-island-state-is-a-tax-haven","status":"publish","type":"post","link":"https:\/\/sven-giegold.de\/en\/maltese-eu-presidency-new-report-shows-island-state-is-a-tax-haven\/","title":{"rendered":"Maltese EU Presidency: New report shows island state is a tax haven"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">At the start of the Maltese EU Presidency, the Greens\/EFA Group in the European Parliament has today presented a study on the country\u2019s tax practices.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The study, written by the Italian-British academic, Tommaso Faccio, shows that Malta would be included in the list of tax havens if the criteria developed by the European Commission for non-EU countries were applied to the EU.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Commenting on the report, Greens\/EFA economic and finance spokesperson <\/span><b>Sven Giegold<\/b><span style=\"font-weight: 400;\"> said:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;This study shows that Malta is a tax haven, according to the very criteria set out by the European Commission. The tax system in Malta is generous to say the least, with large companies routinely paying as little as five percent tax on their profits. This is completely unacceptable and raises serious questions for the forthcoming EU presidency; we note with some concern that tax legislation is not included in the Maltese programme.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Green tax spokesperson <\/span><b>Molly Scott Cato<\/b><span style=\"font-weight: 400;\"> added:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cWe urgently need more transparency in tax systems, a common tax base for corporate taxation and an EU-wide minimum rate of tax. A number of Maltese politicians are implicated in the Panama Papers scandal. We expect Malta to examine these cases properly and ensure that the European money laundering directive is fully implemented in its own country. Failure to keep their own house in order will not reflect well on their intentions for the coming six months.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">You can find the study here:<\/span><a href=\"http:\/\/www.greens-efa.eu\/en\/article\/implications-of-maltese-presidency-for-eu-tax-reforms\/\"> <span style=\"font-weight: 400;\">http:\/\/www.greens-efa.eu\/en\/article\/implications-of-maltese-presidency-for-eu-tax-reforms\/<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At the start of the Maltese EU Presidency, the Greens\/EFA Group in the European Parliament has today presented a study on the country\u2019s tax practices. The study, written by the Italian-British academic, Tommaso Faccio, shows that Malta would be included in the list of tax havens if the criteria developed by the European Commission for [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":37291,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-38705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Maltese EU Presidency: New report shows island state is a tax haven - Sven Giegold<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sven-giegold.de\/en\/maltese-eu-presidency-new-report-shows-island-state-is-a-tax-haven\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maltese EU Presidency: New report shows island state is a tax haven - Sven Giegold\" \/>\n<meta property=\"og:description\" content=\"At the start of the Maltese EU Presidency, the Greens\/EFA Group in the European Parliament has today presented a study on the country\u2019s tax practices. 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