‘We will be unwavering in defending Malta’s tax system’ – Casa and Metsola

David Casa and Roberta Metsola will sit on the special committee on financial crimes, tax evasion and tax avoidance, also known as TAXE3, the EPP said in a statement.

Partit Nazzjonalista’s Head of Delegation in the European Parliament David Casa will be full member on the Committee and Roberta Metsola will sit on the Committee as a substitute.

TAXE3 has been set up by the European Parliament as a followup to the PANA Committee which focused on the Panama Papers scandal, and in which MEPs David Casa and Roberta Metsola were also members.

MEP David Casa, stated: “Malta’s system is OECD compliant and EU Commission approved. I have consistently defended Malta’s tax sovereignty for the last 14 years and will only double my efforts now that it will be under the spotlight.

“We must also be vigilant in terms of the interpretation of VAT rules such as with regard to how they are applied to the yachting industry. The European Commission’s current position on this issue is discriminatory. Malta has a strong case on this issue and it must be presented effectively.

“It is unfortunate that our credibility when speaking about the robustness of our regulatory and supervisory authorities is hindered by the continued presence of persons connected to crime at highest levels of the Maltese government. And licensed institutions such as Pilatus Bank and Nexia BT continuing to hold licenses to provide services in the EU despite the body of evidence implicating them in criminal ac-