Gibraltar has published the Income Tax (Amendment) Regulations 2020 for the implementation of Council Directive (EU) 2018/822 of 25 May 2018 (DAC6) on reportable cross-border tax planning arrangements. This includes measures to require the reporting of cross-border tax planning arrangements and the automatic and mandatory exchange of information reported with other EU Member States. The reporting requirement primarily applies to intermediaries that design, market, organize, or manage the implementation of a reportable arrangement that contains at least one of the hallmarks set out in Schedule 11 of the regulations. The requirement may also be shifted to a taxpayer in some...