Issue link: https://maltatoday.uberflip.com/i/646116
42 Events maltatoday, SUNDAY, 28 FEBRUARY 2016 YOUR FIRST CLICK OF THE DAY www.maltatoday.com.mt Nexia BT holds networking event for its local clients ON 22 January 2016, Nexia BT organised a networking reception at Xara Lodge, Rabat as a token of appreciation to clients of its Con- sulting Department. At the event the clients were also personally introduced to the recent additions to the management team of the firm. In a short address, Brian Tonna, Managing Partner, said, "It is in- deed a great pleasure to see most of you gathered here tonight. Looking at each and every one of you I would like to express my gratitude not only for accepting our invite tonight but also for your continued trust throughout the years." The Consulting Department was the first service line offered by Brian at the start of his career as a sole practitioner back in 1992. Over the last 24 years with the support of the firm's clients and staff, Nexia BT flourished with the firm now employing a head count of over 140 professionals. For more information about Nexia BT and the range of ser- vices provided, please visit www. nexiabt.com. Fritz Energy offers turnkey services for fuel pump operators THE fuel retail market in Mal- ta is currently brewing thanks to the latest enforcements of the existing legislative efforts. Fritz Energy Ltd. is providing turnkey services for the fuel pump operators that are spread all over the Maltese archipela- go. It is not uncommon for the local operators to have good hands on approach and a cer- tain degree of knowledge of the technologies involved but it is well known that the devil is in the detail. That's exactly where Fritz Energy proves its value. To cater for the market needs, Fritz Energy can furnish a host of services including: technol- ogy consultancy; re-design and re-engineering of existing facilities; design; engineering and construction of new fa- cilities; project management services; provision of above ground storage and dispensing facilities of fuel, and after sales services. The portfolio of products and services available from Fritz Energy is complemented by the appropriate support from top-notch technology vendors. Fritz Energy has long-standing technology alliances with the leaders in the forecourt mar- ket and this solid relationship translates into f lexibility for the client, who in turn can choose from a number of op- tions within the same package, including the choice of tech- nology. It is also very common that the operators become fa- miliar with a specific technol- ogy vendor and the tendency is to stick to what one feels com- fortable with. Fritz Energy pro- vides its clients with a solution that is both comfortable and cost effective. Fritz Energy is very much aware of all the critical issues faced by clients and sound af- ter sales support cements cus- tomer loyalty. Fritz Energy staff is continually trained in order to keep abreast of the lat- est technologies and to be able to offer the best technical sup- port to its clients. For further details on Fritz Energy Ltd. please contact Rob- ert Busuttil on +35679797055 or send an email on rbusuttil@ fritzenergy.com. Institute of Management to host International Taxation Conference The Malta Institute of Man- agement will organise its 10th International Taxation Confer- ence on the 15 April 2016 One of the key topics to be addressed at the conference will be the im- plementation of Base Erosion Profit Shifting (BEPs) and state aid rules which will lead to a significant change in the modus operandi of Businesses in Euro- pean member states. This topic is of prime impor- tance as it may change Malta's attractiveness to foreign inves- tors. The tax advantages and the other state aid that Malta offers may be at risk. Although Malta certainly offers other advantages to foreign investors this is usu- ally realised when the investor has already setup shop in Malta. In this context, tax becomes of secondary importance. However, if things change drastically then Malta needs to find an alternative way of at- tracting attention. The panel will analyse whether first of all this risk is a real one or it is a question of interpreting what is being implemented. The debate within the Maltese impact panel will also need to focus on whether Malta will be in a position to retain the busi- ness it has attracted. In the cur- rent scenario, whereby the bu- reaucracies are increasing rather than decreasing and in a scenar- io whereby anything that is not services is the target of unjusti- fied complaints. In a few months, Malta has experienced strong opposition on the recent investment of the American University of Malta, as well as on other potential sports investment, on cruise lin- ers, on events in public gardens, on new property developments and most recently, on the ship- yards. What message is Malta sending to potential investors? Stand- ards are important and should be clear to everyone in the same manner. However, gossip stand- ards are extremely dangerous for regulators and investors alike. Keeping this in mind, the pan- el focusing on Malta will aim to come up with a new strategy to attract foreign direct investment in Malta. There are various ways that one can do this and such debate will be brought up dur- ing the conference, which is pri- marily attended by accountants and law yers. The conference will have a number of interna- tional speakers including Prof Pasquale Pistone and Prof Philip Baker. Managing partner Brian Tonna addressing clients