Gibraltar has changed its tax laws to tweak the Income Tax Act 2010 to meet EU requirements. The Chief Minister Fabian Picardo certified the bill as urgent to speed up its process through Parliament.
Addressing the UN General Assembly Spanish President Mariano Rajoy described the Gibraltar situation as a ‘colonial anachronism’ and criticized UK’s dialogue denial attitude on the Rock’s sovereignty. The speech comes at a tense moment in Gibraltar and Spain relations, but according to the Madrid press, Rajoy was less forceful than expected.