Delete
SUR
Amendment to Gibraltar's Income Tax Act 2010 aims to modernise tax legislation

Amendment to Gibraltar's Income Tax Act 2010 aims to modernise tax legislation

The new legislation will ensure that these firms contribute fairly to the country's economic wellbeing

SUR in English

Friday, 26 January 2024, 15:39

The Government of Gibraltar has announced that it will extend the application of paragraph 15 of Schedule 3 of the Income Tax Act 2010 as part of its commitment to fostering fiscal responsibility and fairness as well as modernising the existing legislation.

The changes will include the DLT (Distributed Ledger Technology) firms and insurance companies within their scope.

The new legislation will ensure that these firms contribute fairly to the country's economic wellbeing, particularly, in the case of the insurance companies, at times when record-high interest rates are generating substantial increased profits.

The amendment also provides anti-avoidance measures to mitigate against abuse and possible exploitation designed to ensure that in-scope taxpayer DLT firms and insurance companies do not circumvent their tax obligations.

Esta funcionalidad es exclusiva para registrados.

Reporta un error en esta noticia

* Campos obligatorios

surinenglish Amendment to Gibraltar's Income Tax Act 2010 aims to modernise tax legislation

logo

Debido a un error no hemos podido dar de alta tu suscripción.

Por favor, ponte en contacto con Atención al Cliente.

logo

¡Bienvenido a SURINENGLISH!

logo

Tu suscripción con Google se ha realizado correctamente, pero ya tenías otra suscripción activa en SURINENGLISH.

Déjanos tus datos y nos pondremos en contacto contigo para analizar tu caso

logo

¡Tu suscripción con Google se ha realizado correctamente!

La compra se ha asociado al siguiente email