On 10 June 2019, Gibraltar's Chief Minister Fabian Picardo delivered his 2019 Budget Address. With respect to taxation and business, two main measures are being considered in order to improve the international competitiveness of the jurisdiction:
- The introduction of a notional interest deduction regime within the existing domestic corporation tax rules to encourage the financing of companies through equity and retained earnings by aligning the tax treatment of the cost of equity with that o…