Gibraltar

Corporate - Taxes on corporate income

Last reviewed - 12 February 2020

Companies are subject to Gibraltar taxation on income accrued in and derived from Gibraltar.

The standard corporate income tax (CIT) rate is 10%, with utility and energy providers and companies that abuse a dominant position paying a higher rate of 20%. For telecommunications companies, the 10% rate will apply to the gains and profits arising from their non-telecommunications business and activities.