Skip to content
How a Leading Pharmaceutical Company Unified Tax Operations with OrbitaxHow AMG Brought Pillar Two Compliance In-House with Orbitax
EYEY

Gibraltar announces interest income of insurers and Distributed Ledger Technology firms must be treated as taxable income

|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation, Asset Management, Banking & Capital Markets, Technology|Gibraltar
Gibraltar
  • Interest income of insurers and Distributed Ledger Technology firms is to be treated as taxable income in Gibraltar.
  • This change is to come into effect as of 1 February.
  • The applicable legislation has yet to be published.
 

The Government of Gibraltar has announced that interest income of insurers and Distributed Ledger Technology (DLT) firms is to be treated as taxable income, effect as of 1 February.

Currently, a company is only taxable on interest income in Gibraltar either:

  • If the company is …

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.