EQUALITY FROM THE HEART WWW.MALTATODAY.COM.MT
SUNDAY • 22 OCTOBER 2023 • ISSUE 1251 • PUBLISHED EVERY WEDNESDAY AND SUNDAY
GasanZammit Motors Ltd.,
Triq il-Merghat, Zone 1, Central Business District, Birkirkara CBD 1020
Tel: 27788225 email: volvo@gasanzammit.com | www.volvocars.com.mt
The Volvo XC60
Study shows that
Qormi, Birkirkara and
Msida face highest
flooding risk
PAGES 14 - 15
How pimps in Malta are
luring young women
into prostitution and
sex trafficking
PAGES 8 - 9
Flooding Lover boy
'Empowering'
KURT SANSONE
MALTA has informed the Eu-
ropean Commission it will delay
the introduction of a 15% min-
imum corporate tax rate by six
years, MaltaToday has learnt.
Malta is one of five EU mem-
ber states that are availing them-
selves of the option to delay the
new rules for large companies.
EU member states are obliged
over the next two years to intro-
duce a minimum effective tax
rate of 15% for companies with
an annual group turnover of €750
million.
The new global rules set by the
OECD, an international organi-
sation, will be adopted EU-wide
by 2025 but the implementation
process starts next year. Howev-
er, member states were given the
option to delay introducing the
top up taxation rate by six years.
maltatoday
PAGE 5 PAGES 2 - 3
An artist's impression of how the Maghtab incinerator will look
Malta to
delay new
minimum
company
tax rules by
six years
Maghtab incinerator
tender winner has
ties with oil scandal
bribe master
KURT SANSONE
THE Maltese partner in the con-
sortium awarded the multi-mil-
lion euro Magħtab incinerator
tender has ties with 2013 oil
scandal kingpin George Farru-
gia, MaltaToday can reveal.
Bonnici Brothers Ltd, a Mal-
tese construction firm, is the sole
shareholder in an energy compa-
ny run by Farrugia.
Eyebrows raised over George Farrugia's
involvement in energy company owned by
Bonnici Brothers
Gaza massacred by Israel with
Europe's complicity, NGO says
PAGE 4
Photo: Moviment Graffitti
Parliamentary
secretary Alison
Zerafa Civelli
on 16-year-olds
becoming mayors
INTERVIEW MT2
€1.95
