Press Release: Malta Chamber of SMEs congratulates Roberta Metsola on being elected President of the European Parliament
18 January 2022
Roberta Metsola was elected on the first count with 458 votes The Malta Chamber of...
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.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).