Tax authorities
Ministry of Finance, Income Tax Office, St. Jago's Stone Block
331 Main Street, Gibraltar
Email: incometax@gibraltar.gov.gi
Tax rates at a glance
(As of September 2009)
| Corporate income tax rates |
|
| Standard rate (%) |
35 |
| Small companies (%) |
20 |
| Exempt companies |
£450 |
| Capital gains tax rate (%) |
0 |
| Branch tax rate (%) |
(a) |
Withholding tax (%) |
|
| Dividends |
0 |
| Interest |
| Taxpaying companies |
30/35(b) |
| Exempt companies |
0 |
| Royalties from patents, know-how, etc. |
0 |
| Branch remittance tax |
0 |
Net operating losses (Years) |
|
| Carryback |
0 |
| Carryforward |
Unlimited |
(a) The corporate income tax rates listed above also apply to branches.
(b) The 35% rate applies to interest paid to companies; the 30% rate applies to interest paid to others. The withholding tax applies only if the situs of the loan is located in Gibraltar.
Source: Ernst & Young