|
|
27 Nov 2002
The current regime allows foreign companies based in Gibraltar, but which do business outside its borders, to pay a low flat fee rather than the 35% tax rate for resident companies.
'This is a selective tax relief that benefits only few companies. As such it violates EU state aid rules,' Tilman Lueder, spokesman for the European Union's head office, told AP.
Iberia News reports that the news has not yet been fully confirmed with the government of Gibraltar.
You may also like
Search thousands of financial jobs:
£50000 - £65000 per annum + benefits + bonus: Pro-Tax: Excellent Share Schemes role London ...
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment