ISOLAS Welcomes Upcoming Double Taxation Agreement

Gibraltar, 15th July 2019: Gibraltar’s oldest law firm, ISOLAS LLP, has welcomed the upcoming negotiations on a double taxation agreement between the Gibraltarian and UK Governments, announced by the Exchequer Secretary to Her Majesty’s Treasury, Robert Jenrick.

The announcement brings greater clarity for businesses operating in Gibraltar as bilateral taxation agreements remove barriers to international trade and investment and provide a clear framework for taxing businesses that trade between jurisdictions.

The deal will also position Gibraltar’s offering on a level playing field with competing jurisdictions that currently already have double taxation agreements with the UK.

The agreement highlights Gibraltar’s commitments to the international standards of tax transparency and its reputation as a robust and reputable financial centre.