Gibraltar will exchange information with Spain
15 Feb. 2016
On 24 December 2015 the Government of Gibraltar published regulations for the Automatic Exchange of Information with EU Member States following the EU Council Directive 2014/107/EU.
As a result of these regulations, a reporting financial institution will report on annual basis details of all reportable accounts to the Gibraltar Government who will in turn report to the relevant EU Members State tax authority. This regulation came into force on 1 January 2016, with the first reporting for the year ended 31 December 2016 due to be filed by 30 September 2017.