Gibraltar announces 2018 budget

09 July 2018

Gibraltar's Chief Minister, Fabian Picardo, presented the 2018 budget on July 2. As expected, the standard rate of corporation tax continues at 10%. A measure was announced to allow companies to transfer tax losses to other companies as part of a group restructure. Previously, there was no provision for the transfer of tax losses.

A Global Tax Alert, attached below, provides additional details.

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Document ID: 2018-1346

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