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Brexit: Tax consequences of the UK’s withdrawal from the European Union

In accordance with the agreement of 29 January 2020 on the United Kingdom’s withdrawal, the United Kingdom has left the European Union since 1 February 2020.

The agreement between the EU and the United Kingdom aims to preserve all the effects of membership of the European Union on a transitional basis and to extend certain aspects during the post-transition period (Agreement 2019/C 384 I/01 of 12 November, 2019, OJEU C 384 I).

I – Until at least 31 December 2020: previous rules continue to apply
II – Some rules are established for the period following the transition period

Source: cms.law

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