- Gibraltar will introduce a 15 percent Transaction Tax on goods by 2028
- This is part of a post-Brexit agreement between the UK and Spain
- The agreement aims to maintain open borders with Spain
- It seeks to avoid a hard border after the UK’s exit from the EU
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "European Union"
- Understanding VAT Rules for Dropshipping: Compliance, Registration, and Cross-Border Sales Challenges
- EU Commission Proposes New Revenue Sources for 2028-2034 Budget, Including Corporate Contributions
- EU Customs Reforms 2028: Platforms Become Deemed Importers, Assume Duties and Compliance Responsibilities
- Agenda ECOFIN Meeting on VAT and Tax Reforms on September 11, 2025
- EU proposes tariff reductions to implement EU-US deal