Poland and Gibraltar have signed a bilateral agreement for tax-information exchange. The agreement concerns Polish citizens working in Gibraltar or companies registered there.

Based on the agreement, Gibraltar's authorities are obliged to hand over personal and corporate income tax documents as well as all pertinent information held by banks and financial institutions to Polish authorities whenever Poland asks for it.

The agreement will also help tax officers determine the amount and type of due tax to be collected from Polish citizens, as well as investigate or prosecute tax evasion cases. All the documents exchanged between the countries will be confidential.

The agreement will enter into force once both countries have ratified it.

Marta Mardosz