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Gibraltar Frontier delays

Gibraltar Frontier delays

Old Nov 22nd 2012, 4:13 am
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Default Re: Gibraltar Frontier delays

A very successful Catalan business is threatening to leave Spain if things don't change, and move to US where it does most of it's business. I like the bit where he says he'd invest in Gib before he would invest in Madrid!
http://economia.elpais.com/economia/...86_215384.html
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Old Nov 22nd 2012, 7:47 am
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Default Re: Gibraltar Frontier delays

Originally Posted by Fredbargate
Junta rejects PP Gib policy

The PSOE-led Junta de Andalucia has criticised the central Spanish government’s stance on Gibraltar.

Míguel Ángel Vázquez, the Junta’s spokesman, said the people of Andalusia were the ones who suffered as a result of Madrid’s “tin pot patriotism” over Gibraltar.



He said Spain’s Popular Party government should instead be seeking dialogue and negotiation with Gibraltar for the benefit of the Andalusians, in particular the 6,000 Spanish workers employed in Gibraltar.


http://www.chronicle.gi/headlines_details.php?id=26832
he won't go far, seems to have some brains and a desire to work for his people
can't be a real Spaniard


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Old Nov 24th 2012, 4:38 am
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Default Re: Gibraltar Frontier delays

Gibraltar Government has welcomed the EU Commission’s call for technical talks on frontier fluidity

http://www.chronicle.gi/headlines_details.php?id=26872
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Old Nov 24th 2012, 10:43 pm
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Default Re: Gibraltar Frontier delays

Out of interest, why is Gibraltar outside the EU Customs Union?
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Old Nov 24th 2012, 11:05 pm
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Default Re: Gibraltar Frontier delays

Originally Posted by Pocaloca
Out of interest, why is Gibraltar outside the EU Customs Union?
Good question.

There are many places which have an odd status vis a vis the EU. Some are outside the Customs Union (including Gibraltar, Ceuta and Melilla) others outside the VAT area or exempt from the CAP.

Here is a chart showing the relationships. It's complicated.
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Old Nov 24th 2012, 11:19 pm
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Default Re: Gibraltar Frontier delays

Originally Posted by Pocaloca
Out of interest, why is Gibraltar outside the EU Customs Union?
Gibraltar does not have VAT, the reason I believe is because a proportion of money raised by VAT is payable to the EU and is used mainly to subsidies the Common Agricultural Fund ( French Farmers ), Gibraltar has no agriculture and it was considered that compulsory payments would be unfair.

VAT is a requirement of being in the Customs Union.

The above is correct to the best of my knowledge
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Old Nov 25th 2012, 3:37 am
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Default Re: Gibraltar Frontier delays

Originally Posted by Fredbargate
Gibraltar does not have VAT, the reason I believe is because a proportion of money raised by VAT is payable to the EU and is used mainly to subsidies the Common Agricultural Fund ( French Farmers ), Gibraltar has no agriculture and it was considered that compulsory payments would be unfair.

VAT is a requirement of being in the Customs Union.

The above is correct to the best of my knowledge
Interesting, I didn't realise that there was no VAT. Presumably that's why so many online gambling companies etc have relocated there? That must be a pretty big incentive to stay out of the Customs Union - at least as big as not wanting to subsidise French farmers??
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Old Nov 25th 2012, 6:39 am
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Default Re: Gibraltar Frontier delays

Originally Posted by Pocaloca
Interesting, I didn't realise that there was no VAT. Presumably that's why so many online gambling companies etc have relocated there? That must be a pretty big incentive to stay out of the Customs Union - at least as big as not wanting to subsidise French farmers??
Although there is no VAT there is import duty on goods, but of course that does not apply to services.
With regard to Online gambling there are some very attractive tax initiatives plus Corporation tax is very low giving more causes for Spain to moan to the EU.
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