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Gibraltar Budget Address 2021 Includes Corporate Tax Rate Increase and New Incentives

|Approved Changes|Gibraltar
Gibraltar

On 20 July 2021, the Government of Gibraltar published the Chief Minister's Budget Address 2021. As part of the address, the Chief Minister notes Gibraltar's support for the OECD two-pillar solution, as well as the risks of not supporting the solution. In relation to the proposed 15% minimum tax rate under Pillar 2, the Chief Minister announced that the corporate tax rate will be increased fro…

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