Tag Archives | Mediterranean Power Electric

Tax Break for Malta’s Libyan CEOs

Malta Today reports that the bosses of Libyan companies operating in Malta will not be paying any income tax in 2013. According to the report, the then Maltese Finance Minister, Tonio Fenech, decreed in February 2013 that various Libyan directors and managers employed in Maltese-owned companies are to be exempted from income tax. The exemption […]