Malta Chamber of SMEs meets Opposition Leader Bernard Grech
15 January 2021
The Malta Chamber of SMEs has officially met Opposition Leader Dr Bernard Grech to discuss...
The Commission adopted on 4th September, a report on the use of the provisions on mutual assistance for recovery of claims relating to certain levies, duties, taxes and other measures between 2005 and 2008.
The statistics show an increase in the amounts of tax due recovered through the procedures of mutual assistance between Member States. The amounts grew six fold between 2003 and 2008. However, the amounts actually recovered are still deceivingly low in comparison with the amounts Member States claim to recover. Although it is very difficult to quantify, the available figures show that only 5% of the amounts claimed are actually recovered.
In addition, in spite of the increase in the use of mutual assistance, there are still many cases where Member States do not avail of the possibilities offered by the Directive. Therefore, the Commission recommends Member States to strengthen the recovery instruments available in their domestic legislation and invites the Council and the Parliament to adopt quickly the legislative proposal, presented on 2 February 2009, to reinforce mutual recovery assistance.
For the report contact Abigail Mamo @ GRTU.
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