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Is Gibraltar a hidden champion?

Corporate tax in Gibraltar is 12,5% makes it the same as Cyprus for instant. There is a capped tax rate for high net worth people, but I can't figure out what the tax rate is for this group.
 
Unfortunately Cyprus will also raise the CIT from 12.5% to 15%.
They were supposed to do it in 2024 and got a fine from the EUSSR Ursolandia and the clowns from the OECD.
They want to enforce all member states to have, at least, 15% corporate tax.

The press release
Cheers
15% after 750 million EUR in revenue. I don't think that's a pressing personal matter to most users on this forum.
 
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Unfortunately Cyprus will also raise the CIT from 12.5% to 15%.
They were supposed to do it in 2024 and got a fine from the EUSSR Ursolandia and the clowns from the OECD.
They want to enforce all member states to have, at least, 15% corporate tax.

The press release
Cheers
smi(&%

15% after 750 million EUR in revenue. I don't think that's a pressing personal matter to most users on this forum.

It’s always great to have you around in threads where accurate information is needed. I also don’t think CIT at 750 million euros is a major issue for most people here.
 
  • Like
Reactions: SirGRA
Unfortunately Cyprus will also raise the CIT from 12.5% to 15%.
They were supposed to do it in 2024 and got a fine from the EUSSR Ursolandia and the clowns from the OECD.
They want to enforce all member states to have, at least, 15% corporate tax.

The press release
Cheers
As Sols has mentioned, correctly, the 15% will not apply to everyone, it will apply to multinational and domestic groups with a total annual turnover of at least €750 million, based on their consolidated financial statements.
 
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