On April 29th, 2014, the Mexican Senate approved a tax information exchange agreement between Mexico and Gibraltar. The agreement applies to Mexican federal income tax, business flat rate tax, and value added tax. For Gibraltar, the agreement applies to all taxes.
The agreement was signed in November 2012, and will enter into force 30 days after the exchange of ratification instruments. The agreement will apply to criminal tax matters from the date of its entry into force and will apply for al…