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Labour Party Proposes 60% Tax Credit For Digital & AI Investment

Labour Party Proposes 60% Tax Credit For Digital & AI Investment
Local

The Labour Party has sworn to continue supporting industry in its digital transformation.

Prime Minister Robert Abela has proposed offering a 60% tax credit on investment in digitalisation, automation, and artificial intelligence by businesses and companies.

The PM announced that €120 million will be set for this proposal to aid businesses in their digital investment.

What do you think?

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