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6 Gibraltar International www.gibraltarinternational.comNewsReinforcing its commitment to fair taxation and aligning with global standards, HM Government of Gibraltar has published revised anti-tax avoidence provisions.Similar provisions are not uncommon in other jurisdictions and are now a key feature of any progressive and modern tax framework, such as those outlined in the UK%u2019s recent 2025 Spring Budget.The new anti-tax avoidence rules grant the Commissioner of Income Tax broad powers to couteract or disregard any tax advantage obtained from arrangements believed to deliver a tax advantage that is inconsistent with legislative intent or undermines the objectives of the Gibraltar tax laws. Minister for Taxation, Nigel Feetham, MP, stated: %u201cGibraltar is commited to a robust, fair tax system that meets global standards such as those set by the OECD. These measures support the government%u2019s tax complience strategy, targeting complex tax avoidence schemes and ensuring that large businesses benefiting from our regulatory and licensing regimes contribute their fair share of tax%u201d.In the dynamic world of insurance management, SRS Management (Gibraltar) Limited have in the past nine months achieved a period of remarkable growth in Gibraltar.SRS acquired Robus Group in June 2024, and this strategic move not only expanded the companies footprint in Europe, but also brought a wealth of expertise and resources under its umbrella.Robus, known for its professional management services to captive insurers, open market insurers, reinsurers, insurance intermediaries, MGAs, and ILS fund managers, seamelessly intergrated into SRS%u2019s operations, enhancing its capabilities and service offerings.Through tailored client services, and a steadfast commitment to excellence, SRS has solidified its position as a leading player in the Gibraltar insurance management industry.Government introduces robust anti-tax avoidence measures SRS remains a cornerstone for growth in the insurance sectorThe Development and Planning Commission has approved phase two of the Eastside project, subject to on-site visit.This second phase focuses on proposed coastal protection works, reclamation and marina structures. In spite of some concerns aired from various members of the commission, the approval was received, subject to certain conditions. Janet Howitt, from the Environmental Safety Group, brought up the issue of pollution, as the marina will provide refuelling spaces for vessels. However, a representative for the developer assured the commission that all relevant safety provisions and pollution controls have been taken into account.John Cortes, Minister for the Environment, told the developer that offshore dredging would not be acceptable, citing previous issues of dust on Eastern Beach and Catalan Bay, due to sand being imported from dredging.The Eastside development is expected to deliver hundreds of new homes, leisure facilities, and green public spaces.Phase two of Eastside project given approval