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ARTICLE · 09 JUNE 2009

The Funds Business Opens Up

Gibraltar continues to be an attractive European jurisdiction for the establishment of funds, especially Experienced Investor Funds. One of the many benefits to setting up in Gibraltar is that the Commissioner of Income Tax has a discretion to exclude a fund's income from the calculation of income tax.

GibraltarWealth Management
Robert Vasquez
Robert Vasquez

Gibraltar continues to be an attractive European jurisdiction for the establishment of funds, especially Experienced Investor Funds. One of the many benefits to setting up in Gibraltar is that the Commissioner of Income Tax has a discretion to exclude a fund's income from the calculation of income tax.

Gibraltar continues to be an attractive European jurisdiction for the establishment of funds, especially Experienced Investor Funds (EIF) following the recent enactment locally of the Experienced Investor Funds Regulations (the Regulations). In particular, one of the primary benefits to setting up in Gibraltar is the fact that the Commissioner for Income Tax (the Commissioner) has a discretion to exclude a fund's income from liability to payment of income tax in Gibraltar. This has attracted the attention of increasing numbers of fund promoters.

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