Cryptoassets Regulatory Intelligence

Gibraltar (GI) · Module Detail

Gibraltar: Tax Treatment

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Tax Treatment

Gibraltar does not levy capital gains tax on private or corporate capital disposals, and the headline corporate income tax rate is 15% from 1 July 2024 on income accruing in or derived from Gibraltar. Crucially, the Income Tax Act 2010 (consolidated 23 March 2026, Schedule 1, including para (1A)(b)) contains explicit cryptoasset provisions: 'similar amounts' to taxable interest include income from lending or otherwise generating income from virtual assets (whether through use by another person or proof-of-stake validation), deemed to accrue in and derive from Gibraltar where the statutory conditions apply, alongside specific provision regarding interest received by DLT Part 7 permission holders (note: exact charging-provision pinpoint and original commencement date remain flagged for verification). On international tax transparency, the OECD CARF commitment list (updated 14 September 2026) records Gibraltar's political commitment to undertake first CARF information exchanges by 2028; however, an enacted domestic Gibraltar CARF implementing statute and domestic reporting commencement dates remain unverified. LN 2026/032 amends the International Co-operation (Improvement of International Tax Compliance) Regulations 2016 (CRS) to address CARF-related duplicate-reporting interactions, and must not be conflated with standalone domestic CARF implementation.

Open gap — crypto-int-4C10 / C26: Exact charging-provision paragraph pinpoint and commencement date for the Income Tax Act 2010 Schedule 1 para (1A)(b) virtual-asset income rule, and identification of any enacted domestic Gibraltar CARF implementing instrument ahead of the 2028 exchange commitment, remain open.no under-indexing note recorded
Horizon · 2028 (± more than a year)OECD CARF commitment: first information exchanges by 2028 (domestic implementing instrument unverified)Proposed · Tier 1 source

no periodic updates on record for this sub-brief

Sources and findings (3)
  1. T1 · Government of Gibraltar (Gibraltar Laws)Government of Gibraltar (Gibraltar Laws) — Under the Income Tax Act 2010 (consolidated 23 March 2026, Schedule 1, including para (1A)(b)), 'similar amounts' to interest include income from lending or otherwise generating income from virtual assets (use by another person, or proof-of-stake validation), deemed to accrue in and derive from Gibraltar, with specific provision on interest received by DLT Part 7 permission holders; Gibraltar's headline corporate income tax rate is 15% from 1 July 2024 (exact charging-provision pinpoint and commencement date remain open for verification).retrieved M5bindingin force
  2. T1 · OECD Global Forum on Transparency and Exchange of Information for Tax PurposesOECD Global Forum on Transparency and Exchange of Information for Tax Purposes — The OECD CARF commitment list (updated 14 September 2026) places Gibraltar among jurisdictions committed to first CARF exchanges by 2028; domestic Gibraltar CARF implementing legislation and domestic reporting commencement dates remain unverified, while LN 2026/032 amends the 2016 CRS Regulations for CARF duplicate-reporting interaction rather than enacting standalone CARF obligations.retrieved M4non-bindingproposed
  3. T2 · European Commission / EUR-LexEuropean Commission / EUR-Lex — Gibraltar's tax regime structurally excludes capital gains from taxable profit where disposals are capital in nature rather than trading income.retrieved M4bindingin force