Tag Archives: Fabian Picardo

Gibraltar confirms corporate tax rate increase to 12.5%

The government of Gibraltar has confirmed that corporate taxes will be raised from 10-to-12.5%, helping support the British overseas territory’s economic recovery from the COVID-19 pandemic.  Yesterday, First Minister Fabian Picardo outlined directives of Gibraltar’s new budget that requires an interim corporate tax hike to help balance the country’s projected deficits totalling + £250 million. “There is nothing to giveaway,” …

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Gibraltar Government to review telecom infrastructure after fire at the Water Port Station.

Gibraltar government officials are set to launch an urgent review into its telecom infrastructure following the Easter Sunday fire at the Water Port Station. The fire disrupted the services and operations of numerous igaming operators, including Betfred, BetVictor and Ladbrokes. Website operations were affected by the fire as several operators could not accept wagers on a busy Sunday of sports …

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