The United States Internal Revenue Service (IRS) has recently withdrawn criminal summonses linked to its robust campaign against Malta pension plans, sparking speculation about a potential change in strategy. This move has left wealth management advisers and taxpayers questioning the direction of the investigation into offshore tax schemes....
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iGaming News, Taxation
November 30, 2023
BGC’s Alert: UK Gambling Tax Risks
The Betting and Gaming Council (BGC) has voiced its concerns to the UK Chancellor, cautioning against the implementation of a proposed gambling tax simplification measure. The BGC warns that such...
NEWS Malta, Taxation
November 21, 2023
Malta’s Emissions Tax Challenge
As the countdown to January 2024 begins, the Maltese maritime industry finds itself at a crossroads, grappling with the ominous shadow cast by the upcoming European Union (EU) emissions tax...
iGaming News, Taxation
November 7, 2023
Georgia Increases Gambling Industry Taxation
In a recent government meeting, the Prime Minister of Georgia, Irakli Garibashvili, announced significant changes in the taxation and withdrawal fees for the gambling industry. These changes are expected to...
iGaming News, Taxation
October 18, 2023
UK’s 1% Gambling Levy Supported by BGC
In a significant move towards promoting responsible gambling, the Betting and Gaming Council (BGC) has thrown its weight behind the UK government's proposed 1% gambling levy. This levy is designed...
Finance News, Taxation
October 17, 2023
Malta Chamber of Commerce’s Inflation Concerns
In the face of rising inflation, the Malta Chamber of Commerce has called on the government to reconsider its strategy, deeming the current approach potentially disastrous. They argue that the...
Laws, Taxation
October 6, 2023
New Regulations for Romanian Gambling
In a recent government meeting, Romanian Prime Minister Marcel Ciolacu made a bold announcement. He declared that no company would be permitted to operate in the gambling industry unless it...
Finance News, Taxation
September 21, 2023
Malta Could Raise €344 Million with Wealth Tax
A recent study conducted by the Greens/EFA Group in the European Parliament has revealed that Malta has the potential to generate an additional €344 million in revenue by implementing a...
NEWS Malta, Taxation
August 29, 2023
Exploring Malta’s Tax Landscape
The intrigue surrounding the concept of a tax haven has captivated not only financial experts and policymakers but even video game enthusiasts who delve into virtual economies like those found...
NEWS Malta, Taxation
August 24, 2023
€137 Million Expenditure by Malta Film Commission
In a move to shed light on the utilization of taxpayer funds, three members of the Nationalist Party within the Permanent Committee on Public Accounts, along with the spokesperson for...
NEWS Malta, Taxation
August 22, 2023
Nationalist Party Calls for Action on High Cost of Living
In a bid to alleviate the financial strain on Maltese and Gozitan families and businesses grappling with the relentless pressures of a steep cost of living, the Nationalist Party has...
Banking, Finance News, NEWS Malta, Taxation
August 21, 2023
MeDirect Bank: Steady Growth and Impressive Profits
Are you curious about financial institutions that not only survive but thrive in challenging times? Look no further than MeDirect Bank, which recently announced a significant profit after tax of...
Banking, Business News, Finance News, Taxation
August 21, 2023
Changing Banking Landscape
The lasting impact of the 2007-2008 Global Financial Crisis (GFC) still reverberates in our memories. It was a period marked by the precarious state of banks, with many of the...
iGaming News, NEWS Malta, Taxation
August 17, 2023
Gaming Consultant Iosif Galea Extradited from Germany
In a recent development, gaming consultant Iosif Galea has been extradited from Germany and charged in Malta with financial crimes. The 42-year-old Galea from Siggiewi appeared before Magistrate Noel Bartolo...
Business News, NEWS Malta, Taxation
August 14, 2023
EY Concludes First Edition of Introductory VAT Course
The inaugural edition of EY's Introductory VAT Course has reached its successful completion, awarding certificates to 16 students. Commencing this year in October, the course provides a comprehensive understanding of...
iGaming News, Laws, NEWS Malta, Taxation
August 9, 2023
Flexing Regulatory Muscles: Malta Gaming Authority’s Recent Moves
The Malta Gaming Authority (MGA) has recently demonstrated its regulatory prowess – or so industry insiders suggest. These actions, as they say, might be more than just a show of...
Business News, NEWS Malta, Taxation
August 8, 2023
Putin Suspends Tax Treaties with Malta
In a significant development, Russian President Vladimir Putin has taken a bold step by signing a decree that suspends Russia’s double taxation agreements with what he refers to as “unfriendly...
NEWS Malta, Taxation
August 7, 2023
Abela Increases Malta’s Debt by €3.5 Billion
In a recent statement published on Tuesday, PN MP and Spokesperson for Finance, Jerome Caruana Cilia, highlighted a concerning trend: Malta's mounting debt under the leadership of Robert Abela. The...
NEWS Malta, Taxation, Tourism
July 5, 2023
Tourism Minister Faces Scrutiny Over €56 Million
In a recent press conference, Tourism Minister [Minister's Name] faced tough questions regarding the allocation of €56 million in sponsorships and events, amidst growing concerns over the financial stability of...
Accounting, Banking, Business News, Taxation
July 4, 2023
The Pandora Papers: Hesse Takes a Stand Against Hidden Wealth
The Pandora Papers, a groundbreaking leak of offshore data, has brought to light the vast network of secrecy surrounding the hidden wealth of some of the world's wealthiest and most...
iGaming News, Laws, Taxation
July 4, 2023
Why Malta is the Preferred Destination for Casino Companies
In recent years, Malta has witnessed a remarkable rise in its reputation as a sought-after destination for casino companies looking to establish a strong foothold in the iGaming industry. Situated...
Finance News, Taxation
July 2, 2023
Fund Management Companies Malta
Fund management companies play a crucial role in the financial landscape, providing investment management services to clients looking to grow their wealth. With its favorable business environment and robust regulatory...
Finance News, Taxation
June 30, 2023
Unlocking Tax Incentives: Maximizing Savings in Malta
The Maltese archipelago, nestled in the heart of the Mediterranean, not only offers picturesque landscapes and rich historical heritage but also presents a compelling opportunity for individuals and businesses looking...
Banking, Finance News, Taxation
June 29, 2023
Sustainable Finance: Balancing Profit and Environmental Impact
In today's rapidly changing world, the concept of sustainable finance has gained significant attention. As the global community recognizes the urgent need to address environmental challenges, the financial sector plays...
Banking, Finance News, Laws, Taxation, Tourism
June 28, 2023
Streamlining Finances in Malta
Finances play a crucial role in both personal and business aspects of our lives. For those residing or operating in Malta, streamlining finances is a key consideration to ensure financial...
Banking, iGaming News, Taxation
June 26, 2023
The Future of Online Gambling in Malta
The online gambling industry has witnessed remarkable growth over the past decade, and Malta has emerged as a key player in this digital realm. As the popularity of online gambling...
Accounting, Finance News, Marketing, Taxation
June 26, 2023
Financial Management Tips for Businesses in Malta
In today's competitive business landscape, effective financial management plays a vital role in the success and sustainability of any enterprise. For businesses in Malta, a small but vibrant island nation...