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Brexit: Major tax changes for global businesses Logo aicpa

  Richard Asquith |   Free |   AICPA |   10 Nov 2016 |   Tax Insider

It is time for multinationals to start planning for the prospective tax changes related to Brexit—even though they will not be fully determined until trade model negotiations are more advanced. This article discusses suggested measures.

Topics covered:
  • Management accounting: Technical: Tax strategy, planning & compliance: Tax planning, Intermediate

2 Comments/Reflections


H A May 2018

The article highlighted some of the important issues to be considered by Companies by Post Brexit and the importance of being prepared. 
The effect of it all is impossible to estimate until the "deals" have been done with the EU. Ultimately there will be wins and losses on both sides eg the increase in tariffs by the EU on the UK may be offset by the reduction in UK Corp tax which will encourage larger Corporations to settle here. 
Interesting to see the outcome- whenever that may be....

M W Dec 2016

Interesting article that indicates that there is still alot of uncertainty after the Brexit.
But companies based in UK should start planning around the tax changes to be prepared. As well as multinational companies that used the UK as basis to trade with the rest of EU