- Gibraltar will introduce a 15 percent sales tax by 2028 due to a post-Brexit agreement between the UK and Spain.
- Gibraltar is outside the EU customs union, leading to customs checks at its border with Spain.
- The European Commission requires Gibraltar to align its taxation policies with the EU to remove customs checks.
- The 15 percent sales tax will end Gibraltar’s VAT-free regime.
Source: fiscalsolutions.co.uk
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 "Spain"
- Public Consultation: Proposed Amendments to VAT Regulations and Law for Digital Era Compliance
- Police Dismantle Major VAT Fraud Network in Hydrocarbons; Weapons, Luxury Assets, €300M Seized
- Spain Extends Veri*factu and SIF Invoicing Software Compliance Deadlines to 2027
- Spain Postpones VERI*FACTU E-Invoicing Mandate: New Deadlines and Requirements Announced
- Spain Supreme Court Confirms Full Regularisation Principle in VAT Refund and Audit Procedures
