Gibraltar: Accounting Standards

Although it may be as long as three months before Gibraltar learns whether or not its tax case against the European Commission has been successful, this week’s four and a half hour hearing of oral evidence before the European Court of Justice in Luxembourg has strengthened a sense of quiet optimism about the outcome among the Government’s legal team. A ruling in Gibraltar’s favour will open the door to a new tax structure that, it is widely believed, will see the application of an across-the-bo

The development of Gibraltar's offshore trust business has been linked with the growth in its importance as a banking centre for private clients.

The optimism over Gibraltar’s on-going economic growth and the development of the jurisdiction as a leading and well regulated finance centre has continued in 2005 despite some uncertainty surrounding the final outcome of a legal ruling on Gibraltar’s proposed new measures on corporate taxes

By the implementation of EU directives on e-commerce and electronic signatures, as well as the liberalising of the telecommunications industry, the Gibraltar Government have demonstrated their commitment to making Gibraltar an e-friendly jurisdiction