The UK House of Commons has published a briefing on the potential implications of Brexit for the applicability of EU tax rules in the UK. ..
The UK House of Commons has published a briefing on the potential implications of Brexit for the applicability of EU tax rules in the UK. The paper outlines that although in the area of direct taxation the impact of Brexit will be more limited, VAT will be an issue due to its more harmonized nature. The paper also attempts to speculate what might be the UK government’s approach to tax during the Brexit negotiations.