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Gibraltar Joins Inclusive Framework for Implementation of BEPS Measures

09 July 2019

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Proposed Changes

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Gibraltar-OECD

The OECD has announced that Gibraltar has joined the Inclusive Framework for the global implementation of the BEPS Project, bringing the total number of participants to 130. As a member of the Framework, Gibraltar has committed to the implementation of the minimum BEPS standards developed under Action 5 (Countering Harmful Tax Practices), Action 6 (Preventing Treaty Abuse), and Action 14 (Dispute Resolution). Members of the Framework are also committed to working towards a consensus-based long-term solution to resolve the tax challenges arising from the digitalization of the economy by the end of 2020. Note - Gibraltar has already introduced CbC...