By Ross Ibbetson For Mailonline
Published: 02:02 GMT, 3 March 2019 | Updated: 08:54 GMT, 3 March 2019
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Gibraltar's British status is to be protected under a tax deal which will apply even in the event of a no-deal Brexit, it has been claimed.
A source with ties to the Rock's Chief Minister Fabian Picardo says an agreement has been reached between the British, Gibraltese and Spanish authorities which will keep Spanish hands off the territory.
The deal will reportedly remain sacrosanct even in a no-deal situation, despite previous attempts by the Spanish to use this as a bargaining lever.
The Sunday Express reported their source as saying: 'The Spanish cabinet is to agree measures to apply in no deal and sign a tax agreement with the UK in relation to Gibraltar.'
A question mark has hung over Gibraltar's sovereignty since the Brexit vote, as it remains wedded to the EU bloc despite its British sovereignty
The agreement is expected to be signed on Monday and Picardo is expected to speak publicly on the deal next week.
The British and Gibraltese governments have declined to comment on the agreement.
Spain said on Friday it would allow British citizens living in the country to stay on if Britain leaves the European Union without a deal, giving them until the end of 2020 to apply for permanent residency and