Скачать или смотреть Gibraltar agrees 15% sales tax on goods in post Brexit settlement with Spain

Transaction tax ‘acceptable’ to EU is part of deal to join border-free Schengen zone and link with customs union.

Gibraltar will apply a 15% sales tax on goods to avoid unfair competition with Spain, as a result of the agreement on the post-Brexit future of the British overseas territory, it has emerged. The territory has agreed to ensure a 15% minimum “transaction tax” on goods within three years of the ratification of the agreement, according to a senior European official. “For Gibraltar, it was a big ask, they have always claimed … that this taxation will create for them a serious economic problem,” the official said. The European Commission insisted that the British territory had to align its taxation policies with the EU in order to join a customs union, an integral part of the deal struck on Wednesday. “The agreement that we have reached is that they will, in a period of three years, reach a level [on a transaction tax] that is acceptable for us,” the person said.

https://www.theguardian.com/world/202...

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