KPMG Gibraltar

The Gibraltar Income Tax Office announced the launch of a compliance program to assess the application and effectiveness of the Common Reporting Standard (CRS) within Gibraltar's financial sector and a voluntary disclosure opportunity. https://lnkd.in/eh7hMXkq

Will there be a revised #DAC6 in early 2026? The most recent ECOFIN meeting on 20 June concluded that the EU wouldn't pursue #UNSHELL as a standalone DAC10, but it would be better added to the DAC6 hallmarks. ECOFIN suggested that this, and other hallmarks, could be best considered after the Commission has finalized its analysis of the functioning of the DAC. https://lnkd.in/eYhS9b99

Another truly successful KPMG Gibraltar eSummit.   ISOLAS is proud to have once again sponsored the KPMG Gibraltar eSummit, now in its 14th year.   Senior Partner, The Hon Albert Isola CBE introduced and moderated the first panel of the day on “Decrypting the Myths about Crypto & Gaming”. The panellists included Andrew Lyman, William Gracia, Chris Elliott Andreas Glarner, and Anthony Provasoli   Gaming Partner Steven Caetano then joined the panel on M&A, focusing on “The Legal Perspective”. Moderated by Simon French and joined by fellow panellists Tamsin Blow, Elizabeth Dunn, Andrew Montegriffo and Susan Breen   ISOLAS final speaker of the day was Associate Katrina Isola who sat on the ESG panel discussing sustainability. Other panellists included Sarah Powell, Lauren Iannarone, Ty Smith CMgr FCMI and Ben Wright. The session was moderated by Russell Mifsud. In addition to the scheduled agenda Gibraltar’s Chief Minister Fabian Picardo made a whistle stop visit to update all present on the historic EU and UK post-BREXIT agreement in respect of Gibraltar which was very well received by all present.   A huge thank you to KPMG Gibraltar, Micky Swindale, Darren Anton, Annie Macleod and the entire KPMG team. ISOLAS remains committed to supporting Gibraltar's thriving gaming community. #thinkgibraltar #gaming #KPMGeSummit.

Yesterday our CEO Per Widerström attended the KPMG Gibraltar 2025 eSummit, where he joined industry leaders to speak on the Operators Panel. Hosted by Justin Cosnett, the panel discussed the challenges that come with emerging regulatory developments, cybersecurity, the importance of diversity in business and the latest tech developments and trends within the industry. It was great to see so many people come together to share their insights and discuss the future of the industry. #evokeplc #Gibraltar #KPMGeSummit #iGaming

Huge congratulations to KPMG Gibraltar on another spectacular eSummit.   This years was truly exceptional and when Chief Minister Fabian Picardo popped in to give the Industry an update on the news of the Treaty between the UK and the EU in respect of Gibraltar the summit was buzzing. The final panel session with the Operators gave some hint of the significance of the Treaty to this sector, and the excitement there is for what’s to come.   I much enjoyed introducing and moderating the opening panel on Crypto and Gaming which was made easy by the quality of the panellists. Special thanks to Andrew Lyman and William Gracia– our regulators, who joined us to talk this through. Thanks to Anthony Provasoli, Peter Howitt, Andreas Glarner and Chris Elliott for their contributions.   Thanks also to Steven Caetano for his wisdom on his panel and many congratulations to Katrina Isola on her excellent debut appearance at the Summit.   Micky Swindale, Darren Anton, Stephanie Beavis and Will Hawkley – what can I say? Exceptional day, and a lot of fun. What more can you ask for! Thank you.   #gaming #thinkgibraltar #KPMGeSummit

And it’s all over – our 14th KPMG Gibraltar eSummit draws to a close having once again provided a day full of insight, allowing us all to feel very close to the matters shaping the jurisdiction as well as the industry. We finished on a high, with two stellar panels in the main room: ·      Sarah Powell, Lauren Iannarone, Ty Smith, Katrina Isola & Ben Wright debated the sustainability of ESG with our own Russell Mifsud; ·      Justin Cosnett facilitated a fantastic discussion between Joanne Whittaker, Per Widerström, Ciara Nic Liam, Kane Purdy & Neil Banbury. Thanks, as always, to our brilliant sponsors for enabling this event to go ahead and to the organising team for making it happen. If you weren’t able to attend - or want a reminder of what was discussed – a report will be issued in due course. Meanwhile safe travels home to all our visiting speakers, panellists and delegates, and a heartfelt thank you to the government and people of Gibraltar for once again making us all feel at home. #KPMGeSummit             #WeAllWantToPlay        #ThinkGibraltar

Power Presentation at the KPMG Gibraltar #KPMGeSummit from the team at Hassans. What do the impending changes to the regulatory landscape in Gibraltar mean for Marketing Companies? With Gaming companies not being able to claim VAT back - VAT efficient strategies are common in the sector. This makes Gibraltar and it’s No VAT regime attractive. However large scale operations with very little substance in Gibraltar are causing the jurisdiction to feel exposed. The issue is summarised nicely in this quote “I personally have seen brass plate style operations with very little substance in [in Gibraltar] claiming that they are not accruing and supplying [not paying tax] but then claiming VAT benefits”. The new Act will bring an overnight ban on this type of operation but will allow activity with exception. Those coming into the licensing regime can expect guidelines soon but will be required to: * prove structure won’t be negative to Gibraltar * VAT structuring will be back-tested - note VAT advice here will be critical * demonstrate how much they will contribute financially and employment opportunities to Gibraltar * understand that a low tax spend will not be considered favorably Illustrative example cited as 100 people involved in Marketing for a company - 1 Director being based in Gibraltar (the rest somewhere else) and trying to claim substance. This will be a huge NO! Guiding principle - the more you have in Gibraltar the safer you will be. Final advice - Go back to your original advice and TRULY test whether it has been applied in full. Engage with advisors now - tax is complicated! Louise Federico (née Lugaro) Grahame Jackson Andrew Montegriffo Ty Smith CMgr FCMI

There was great excitement (and a packed room!) at the KPMG Gibraltar eSummit as Chief Minister the Hon. Fabian Picardo KC MP arrived back from Brussels and came to the Sunborn to speak directly to the eGaming industry and operators working in the jurisdiction. He received a standing ovation on arrival. 👏 👏 👏 #KPMGeSummit   #WeAllWantToPlay  #ThinkGibraltar  #eGaming   HM Government of Gibraltar

A packed room and a packed agenda with our first sessions taking place at the @KPMG eSummit with: - Andrew Montegriffo joining the M&A - The Legal Perspective panel - Anthony Provasoli - Demystifying Crypto in Gaming - Louise Federico (née Lugaro) and Grahame Jackson joining Andrew in the Hassans breakout room to navigate the new regulatory landscape - marketing Companies and tax implications. - Anthony also headed off to moderate a fireside Q&A with Andrew Tait, Ramparts and Philip Vasquez, damex.io. Looking forward to hearing from CM Fabian Picardo KC MP and the remaining sessions after lunch.

One of the great things about the KPMG Gibraltar eSummit is the range of topics and the number of experts it attracts. Whilst we were looking at M&A in the main room this morning, our Hassans–sponsored breakout sessions were offering insights into issues from crisis management to marketing and tax to crypto - there is always something new to learn, especially this week! With Nicholas Macias of the Gibraltar Betting and Gaming Association in the breakout room, up against Vaughan Lewis, Gavin Kelleher, Daniel Fischer and Jon Martin sharing the operator perspective on M&A with Simon French in the main room, our attendees didn’t know where to put themselves – there’s something for everyone on Summit Day! #KPMGeSummit  #WeAllWantToPlay #ThinkGibraltar #Gaming #M&A