The Anti Tax Avoidance Directive

The Anti Tax Avoidance Directive   What is it, how has it been implemented in Gibraltar and will it survive Brexit?Francis McGowan, PwC, discovers   The Anti Tax Avoidance Directive (ATAD) is a direct result of the work of the OECD’s…

The 2018 cryptocurrency crash has not halted growth

The 2018 cryptocurrency crash has not halted growth   A spectacular crash in cryptocurrency prices at the end of last year, had a subsequent roller coaster effect and a decline in digital business crowd funding (ICOs), but the digital financial…

Taxation in a digitalised economy

  Taxation in a digitalised economy   Taxation in a digitalised economy In the second of their two part article, Gavin Gafan, Senior Tax Manager and Vickram Khatwani, Tax Director, Deloitte, focus on the proposals of the OECD’s Pillar Two…

Tax developments in the digital economy

Tax developments in the digital economy   By Gavin Gafan, Senior Tax Manager and Vickram Khatwani, Associate DirectorTax, Deloitte Limited   In 2019 Gibraltar joined the Organisation for Economic Cooperation and Development (OECD) Inclusive Framework (the ‘Inclusive Framework’) on Base…

Sustainability in uncertain times

This years eSummit held at the Sunborn Hotel, brought together industry experts, Charlie Leach, Associate Director, KPMG, reports Sustainability in Uncertain Times was the theme of this year’s 2023 KPMG eSummit, held on board the Sunborn in June. Over 250…

Surprise insurance sector growth extends appeal

Surprise insurance sector growth extends appeal Two life insurance companies, including a large international entity, are planning to begin operations in Gibraltar, projecting this aspect of the insurance business within the jurisdiction from “tiny” to “significant”, it can be revealed…

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SPAIN-UK TAX AGREEMENT REGARDING GIBRALTAR BECOMES LAW

On Friday 26th February 2021 H.M. Government of Gibraltar published various notices in the Gazette in relation to the International Agreement on taxation and the protection of financial interests between the United Kingdom and Spain regarding Gibraltar (the “Treaty”). Pursuant to…

Searching for “a more cost-effective” telco provision

Gibraltar government is working to make telecommunications for the jurisdiction’s expanding bandwidth hungry eGaming and financial services customers more price competitive, it has emerged. For some time, the expanding remote gambling sector, in particular, has complained that charges for telco…