Business News

Over €27 million recouped after investigations by tax authorities

15th July 2020

Seventy six cases are still being probed.

A total of €27.7 million were recouped after 257 cases of tax irregularities were investigated by the Maltese authorities, according to information given in Parliament by Finance Minister Edward Scicluna.

The Minister was replying to written questions tabled by Nationalist MP Claudio Grech who asked about investigations held in connection with the Panama Papers and Swiss Leaks.

Prof. Scicluna said that 237 cases involving Maltese tax payers were investigated in connection with what had emerged from the Panama Papers. A total of 163 cases were concluded and €14,232,295 were recouped. Another 74 cases remain pending.

Swiss Leaks allegations gave rise to 96 Maltese taxpayers being investigated. All but two cases were concluded and a sum of €13,422,115 was recouped, the Minister said.


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Over €27 million recouped after investigations by tax authorities