Gibraltar

Corporate - Branch income

Last reviewed - 22 December 2020

The basis for taxation of branches of foreign enterprises is the same as for corporations.

Allowable head office charges or expenses incurred by a Gibraltar branch for the common purpose of the company and its branches, or for the purpose of the head office or another branch exclusively, are limited to 5% of turnover of the Gibraltar branch (see Payments to foreign affiliates in the Deductions section).