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Gibraltar Expanding General Anti-Avoidance Rules

|Proposed Changes|Gibraltar
Gibraltar

The Government of Gibraltar has published the Income Tax (Amendment) Bill 2025. The Bill would replace section 40 of the Income Tax Act 2010 (the Act), which contains Gibraltar's (general) anti-avoidance rules. The new section 40 expands the rules, providing that the Commissioner may counteract or disregard any tax advantage that a person has obtained from or under a tax avoidance arrangement.…

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