UK Tax Update: It’s Not All About Brexit!
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BEPS, Brexit, Carried Interest, DOTAS, DTTP, Hybrid, Interest, Reform, Secondary Adjustment, Straight to the Point, Substantial Shareholding Exemption, Tax Evasion, Tax Strategy, Termination Payments, U.K. Tax, VATThere has rightly been a great deal of attention paid to the UK’s decision to leave the EU and what that may mean from a business (including tax) perspective. However, until the UK comes closer to leaving the EU (which is unlikely to be for at least two more years) Brexit is not expected to change the UK’s tax system. Indeed, even planning for tax changes that will ultimately arise as a result of Brexit is difficult until more is known about the manner of the UK’s departure, and the shape of its continuing relationship with EU member states. Read more.
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