Gibraltar Implementing New Transaction Tax in Connection with EU Customs Union

The Government of Gibraltar issued Technical Notice - Basic Features of the Customs Union Between Gibraltar and the EU - 72/2026 on 4 February 2026. The customs union is being formed as part of the treaty to govern Gibraltar's relationship with the EU, the text of which was finalized between the UK and the EU in December 2025. In connection with the customs union, Gibraltar is implementing the new transaction tax that was announced in the Budget 2025 address on 30 June 2025, which is explain…