We use cookies to provide you with the best possible experience. By using Orbitax's services, you agree that we may store cookies on your device. Cookie Policy.
The AI assistant for tax questions
Track worldwide tax law changes daily
Cross-border tax analysis and data
Unify and empower your entity management
Provides compliance steps, forms & rates
Visualize and manage your entity data
Comprehensive compliance management
Audit and global tax controversy tracking
Manage reportable cross-border arrangements
Country-by-country reporting & compliance
Pillar 2 planning, reporting and compliance
Calculate US tax impact of foreign operations
Automated workflows for recurring tax tasks
Secure API connections to 3rd-party systems
Secure storage for your tax documentation
Automated tax workflows with secure APIs.
Collaborate securely on your tax data
Share This Article
|
|
Gibraltar's Chief Minister Fabian Picardo delivered his 2024 Budget Address on 1 July 2024. The tax measures noted in the address are relatively limited and include confirmation that the corporate tax rate will be increased from 12.5% to 15%. As further detailed in the address from Minister for Justice, Trade and Industry, Nigel Feetham, by moving to a 15% corporate tax rate, Gibraltar is aligning with the OECD minimum corporate tax rate. Minister Feetham also confirmed that work is ongoing for the introduction of a qualifying domestic top-up tax by the end of 2024, with draft legislation expected by September....