Inaugural Gibraltar Tax Essay Prize launched

The inaugural Gibraltar Tax Essay Prize was launched on Thursday, with the aim of recognising and increasing accessibility to literature on the Gibraltar taxation system and its place within the international tax system.

Sponsored by Sovereign Gibraltar and originated by Hassans’ Partner and local podcast host, Grahame Jackson, a highly experienced panel are inviting professionals and non-professionals to submit an academic essay, which will contain analysis, critical thinking, consideration of theoretical issues or matters of practical implementation, on matters of tax.

This can either be focused on matters related to domestic Gibraltar taxation, such as any impost, charge, tax, stamp duty, import duty or other customs duty or excise or other similar imposed by the Government of Gibraltar or its related Agencies under statute of the Parliament of Gibraltar.

The other option is to look at international taxation matters which have a material impact on or in relation to the taxation systems, both direct and indirect taxes, of Gibraltar.

The judging panel is chaired by Rory Mullan, QC, of Old Square Tax Chambers; John Azzopardi CTA Tax Director at RSM; Lynette Chaudhary CTA, Tax Director at Sovereign Tax Services; Stephen Carreras, Tax Manager at EY Gibraltar; and Grahame Jackson ADIT, Hassans.

John Blake, Managing Director of Sovereign Trust (Gibraltar) Limited said: “The objective of the Prize is to recognise and increase accessibility to sound and insightful literature on the Gibraltar taxation system and its place in the international taxation system.”

“Prior to the introduction of the Certificate of Competence in Gibraltar Tax there was no formal qualification in Gibraltar taxation; professionals learned as they went along, and with the introduction of the Certificate the profession began a long road to upskilling.”

“In addition, the advent of distance learning has allowed individuals to achieve highly respected international tax qualifications from Gibraltar, for example, the Advanced Diploma in International Taxation.”

“The aim is that by pooling academic knowledge from across the profession, and recognising individuals for their work, we will also help create a community of tax advisers, beneficial to the Gibraltar tax profession and to Gibraltar as a whole.”

Mr Jackson, founder of the prize, underscored Gibraltar’s position as a “leading global finance centre with an active tax profession.”

“We should encourage talent, reward tax related activities and encourage those who have strong and innovative opinions and thinking to come to the fore and ensure that this knowledge is accessible and helpful to up-and-coming tax professionals,” Mr Jackson said.

“In order to encourage young and emerging talent, we have also included an under 25 category and we really look forward to reading their insights.”

Each entry should be original content, between 2500 and 7000 words, fully referenced and should avoid simple histories and simple factual descriptions of the law.

All applications must be made by Friday June 17, 2022, emailed to info@itbfiscalis.com.
Winners will be contacted by the end of July 2022.

Full rules can be found online https://www.gibraltarlaw.com/gibraltar-tax-essay-prize-2022/ and any queries directed to grahame.jackson@itbfiscalis.com.