Two layers of electrified, barbed wire, with armed guards to keep a colony secure. Colonialism has never actually ended

  • SerLava [he/him]
    ·
    edit-2
    4 years ago

    Gibraltar also being a tax haven is just completely irrelevant, it wasn't established so they could have a stupid tax haven, it was established to shoot boats and extract wealth from the Mediterranean, you keep saying it's a tax haven,

    and wait a minute

    https://tax-free.today/blog/setting-company-in-spain

    the Spanish government has granted them 50% tax exemption, both for commercial companies and personal assets. In other words, if you manage a company in the Spanish enclaves, you’ll only pay half of the usual corporate tax and income tax.

    https://taxsummaries.pwc.com/spain/corporate/tax-credits-and-incentives

    50% tax credit on CIT levied on income obtained in Ceuta and Melilla through companies established and carrying on activities in these enclaves during a full business cycle because of their specific geographic location.

    :cringe: they're even tax havens lmao