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On 21 January 2021 the Gibraltar Competent Authority for the exchange of information for tax purposes, announced that Gibraltar is limiting the scope of reporting under DAC6. Following the approach recently adopted in the UK, reporting in Gibraltar will be limited to cross-border arrangements falling within Category D hallmarks (CRS avoidance arrangements and opaque offshore structures).

Regulations have been enacted to amend the Income Tax Act 2010 and the changes take effect from 1 January 2021.