- 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.
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