Gibraltar tax changes should improve outlookfor local companies

Professional Adviser
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Although tax issues have caused friction between Gibraltar and other EU members, the country has managed to introduce changes that enable it to maintain its competitive low taxation environment

Gibraltar has been in constant dispute with Spain and the UK over the issue of sovereignty. The territory is the responsibility of the UK under the Treaty of Rome, but the country acts independently. The UK thinks Gibraltar is damaging its capabilities to grow within the EU if Spain does not share sovereignty. Gibraltar has a different view. It has always claimed its independence from Spain and its people have shown support for this in a recent referendum. The feud between Spain and Gibraltar goes back 300 years. Spain ceded Gibraltar to Britain under the Treaty of Utrecht in 1713. S...

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