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A court has ordered a company owned by Malta’s Ambassador to Montenegro, Karl Izzo, to pay €120,000 in contested VAT and import duties. Mr Izzo, a personal friend of Prime Minister Joseph Muscat, is the co-owner of the retail fashion business Dizz GroupAmbassador’s firm must settle tax arrears - court
A court has ordered a company owned by Malta’s Ambassador to Montenegro, Karl Izzo, to pay €120,000 in contested VAT and import duties. Mr Izzo, a personal friend of Prime Minister Joseph Muscat, is the co-owner of the retail fashion business Dizz Group, together with his wife Diane. Read: Karl Izzo approved as non-resident ambassador to Montenegro Madam Justice Lorraine Schembri Orland ordered the payment of the contested tax arrears on imports dating back to 2003 and 2004. The company was found to have brought over a number of fashion items under certification that exempted it from paying duties on items imported from Europe. An inspection by Customs officers found that the origins of some of the imported clothing items could not be verified because they did not have labelling indicating they came from Italy. When the findings were referred to the Italian authorities, confirmation was received that, although the certification was authentic, it was not possible to verify whether all the products in the consignment had originated from Europe and were, therefore, covered by the exemption certificate. Mr Izzo insisted in court the Italian company Dizz Limited, from whom they... Read more