EU to declare Gibraltar tax system illegal (Bruselas declarara ilegal el paraiso fiscal de Gibraltar la proxima semana) The European Commission plans to declare the system which makes Gibraltar a tax haven illegal. An announcement is
expected next week, to the effect that the system violates EU rules on state aid and a single market.
The current system benefits some 30,000 companies and a large part of the Russian mafia which operates on the Costa
del Sol. The reform to the system proposed by the UK is being rejected by the EU authorities.
Original article by Ricardo M. de Rituerto
Abstracted from El Pais
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