International agreement on taxation in Gibraltar
08/04/2021
International agreement on taxation in Gibraltar
Nuestras noticias
Entry into force of the international agreement on taxation and protection of financial interests between Spain and the United Kingdom in relation to Gibraltar
On March 13, 2021, the International Agreement on taxation and protection of financial interests between Spain and the United Kingdom in relation to Gibraltar was published in the BOE.
This agreement will allow, among other aspects, the exit of Gibraltar from the Spanish list of tax havens and the establishment of rules for the tax residence of individuals and entities, with the clear purpose of resolving possible conflicts of residence and avoiding tax evasion or fraud.
We tell you the circumstances by which natural persons will be considered tax residents in Spain, and the special rules that can significantly change the taxation of those affected, reverting to Spanish territory, in some cases, their tax lien.
From Lener, we are at your service to clarify any questions that may arise and assist you according to your needs and particular casuistry.
