GSD spread fear amongst those Gibraltarians who live in Spain, says Government
The Government adds that it has not made any concessions in the Tax Treaty on sovereignty, jurisdiction or control, and that it has not agreed anything to damage the rights of Gibraltarians who live in Spain. The fact of the matter is that Gibraltarians who live in Spain are TODAY ALREADY subject to Spanish tax.
If anyone lives in Spain but does not pay tax there, they are very likely in breach of Spanish tax law already, says the Government.
And adds: What the Tax Treaty will do - which is a huge benefit for Gibraltarians who live in Spain and are properly registered in that respect - is provide a right to double taxation relief. This relief is presently afforded by concession in most instances but there is no right to it. The Tax Treaty will provide a right to this unilateral double taxation relief.
Additionally, the Tax Treaty also provides other advantages for individuals, corporate entities and for Gibraltar as a nation. The Government therefore looks forward to dispelling any further lies the GSD may want to try to spread.
18-03-19 PANORAMAdailyGIBRALTAR
Search Panorama
Headlines
- Bye bye Margallo!
- Government Publishes Special Education Needs Report
- Minister and Madam Speaker Visit Royal Navy Gibraltar Squadron
- St George’s Day Parade 2024
- 40th Anniversary Production
- Lottery draw 8 of 2024
- Red Sea conflict heightens importance of Gibraltar Strait
- HE the Governor and the Deputy Chief Minister visit the Northern Defences