Gibraltar published several amendment rules on 26 July 2021 for the implementation of certain measures of the Government’s Budget 2021. One of the key measures is an increase in the corporate tax rate increase to 12.5%, which is provided for by the Rates of Tax (Amendment) Rules 2021 with effect from 1 August 2021.
Other amendments rules that have been published for the budget measures include:
- Qualifying (Category 2) Individuals (Amendment) Rules 2021, which provide for an increase in t…