Malta: Bankers rebuff windfall tax recommendations

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Business Today says that the Malta Bankers Association came out against suggestions of a windfall tax on profits made by local banks. The MBA defended ‘super-profits’ and said that banking is already among the most tightly regulated sectors.

The paper speaks to Chamber of SMEs CEO Abigail Mamo who said that the third wave of measures proposed by government are a step in the right direction but argued that Chamber wants to see “equal support” across all sectors.

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