Malta’s Premier Says Nations Should Decide on Taxation Policiesby
Joseph Muscat tells One Radio he will keep Malta ‘competitive’
Ireland, Apple plan to appeal EU decision on unpaid taxes
Taxation issues should be decided by national governments, Malta’s Prime Minister Joseph Muscat said a week after European Commission regulators ordered Apple Inc. to pay taxes it said were owed to Ireland.
“Malta’s system was not like Ireland’s, but nonetheless, my government’s position was that taxation issues should be decided by national governments,” Muscat said Sunday on One Radio. “We are determined to preserve and keep our system making it more competitive.”
The commission on Aug. 30 said Apple owed as much as 13 billion euros ($14.5 billion) plus interest after the state illegally slashed the company’s tax bill, giving it an unfair advantage over other businesses. Apple and Ireland both vowed to fight the decision.
“We look forward to having a system that is compliant to EU and international laws,” Muscat said.