The Malta Chamber of SMEs welcomes MCESD Chairperson David Xuereb to its offices
01 February 2024
Malta Chamber of SMEs President Mr Paul Abela and Deputy President Mr Philip Fenech welcomed...
EESC employers representative and GRTU Director General Vincent Farrugia has this week participated in the 479th EESC Plenary session, where the Opinion which he drafted as rapporteur on Tackling double taxation in the single market was approved and adopted as official EESC Opinion to the Commission Communication COM (2011) 712 final.
The issue of double taxation affects most especially individuals and SMEs who cannot afford the lengthy and costly legal and administrative procedures to seek a positive remedy.
The Commission is proposing an EU Forum on Double Taxation to deal with this issue. The EESC on through a previous opinion on the removal of cross border tax obstacles recommended the establishment of a Tax Observatory, that would be more effective as it doesn't simply discuss but observes and acts. It is essential for the single market that the Commission moves as fast as possible from discussion to action. The EESC is therefore recommending for the proposed Forum to be only a first step leading to a full fledged Observatory. The Commission is doing very well in identifying the cross border tax obstacles but citizens and small business owners especially seek determined action to remove these obstacles. Double taxation should be a top priority.
The EESC will be using all possible media presentation and seek the support of associations representing business and civil society together with direct pressure on MEPs to ensure that the tax obstacles hampering the fulfillment of the single market objectives are tackled through a coherent and comprehensive action programme. The EESC is committed to this aim.
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.
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