EYEY

Gibraltar’s Mandatory Disclosure Regime

|Tax Alerts, Information Reporting, Legis ...|Gibraltar, European Union
Gibraltar, European Union

Background

Gibraltar’s Mandatory Disclosure Regime (MDR) imposes a requirement to disclose to the Commissioner of Income Tax any cross-border arrangement or transaction that falls within any of a number of specific “hallmarks.” If there is an “intermediary” involved, the onus to report is on the intermediary. In the absence of an intermediary, the reporting requirement falls to the taxpayer.

Th…

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