Gibraltar to Implement 15% Transaction Tax by 2028 in Post-Brexit Deal with Spain

• 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.