09 June 2005

The Web

No tax holidays after 2009
James Debono
There are currently 300 companies, including major export industries benefiting from a reduced rate of income tax. But these tax incentives will no longer be available after 2009 since EU competition rules consider tax-based incentives as State aid.

FOI says Sea Malta’s services are essential
Karl Schembri
The Federation of Industry is insisting that government gives guarantees that the essential services offered by Sea Malta to Maltese industry are retained, independently of the privatisation plans.

No witch hunt, Tonio Fenech tells student host families
Matthew Vella
Parliamentary Secretary for Finance Tonio Fenech has defended Government’s intense investigations into income declarations by host families for foreign students, claiming the issue at stake is justice.

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