HM Government of Gibraltar published legislation, on 30 January 2020, to implement Council Directive (EU) 2017/952 (ATAD 2), which amends Directive (EU) 2016/1164 (ATAD) regarding hybrid mismatches with third countries.
The legislation extends the territorial scope of the anti-hybrid mismatch provision to hybrid mismatches with jurisdictions outside the European Union (EU). It also includes rules for hybrid permanent establishment mismatches, hybrid transfers, imported mismatches and dual re…