Last 27th August 2009 we have attended another significant event in Gibraltar. The signature of the Tax Information Exchange Agreement with the United Kingdom.
Paradoxically, being a territory of the United Kingdom, Gibraltar will establish with this TIEA an unprecedented level of Economic cooperation with the United Kingdom.
This event follows the signature of previous four TIEAs with Australia, New Zealand, Ireland and the USA, all completed during 2009.
From Taxprecision we continue encouraging Gibraltar to continue their efforts toward the signature of the TIEA with Spain, which we believe will enormously improve the Economy of both Governments. (more…)