Brexit: Majority of British Electorate Votes to Leave EU

Global Tax Update:July 2016/Germany

On June 23, 2016, the majority of British voters decided to leave the EU, however this will not happen immediately. In the next few months and probably years negotiations will take place between the EU and Great Britain on their relationship after the exit. During this negotiation period, companies should keep an eye on the related fiscal and legal issues. (Global Tax Update:July 2016/Germany)

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This newsletter covers the following topics regarding tax effects of Brexit in Germany

(1) Yes to Brexit – But When and How?
(2) Current Requirement for Action by Companies
(3) Possible Effects of an Exit by Great Britain
(4) International Law Agreements (e.g. European Economic Area (EEA)) and National Legislation
(5) Tax Effects

>> Click for Japanese [ドイツにおけるBrexitに係る税務上の影響]

(139KB, PDF)

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Deloitte Tohmatsu Tax Co. provides Japanese companies are considering developing business overseas with one-stop international tax services in relation to foreign investment to support their globally appropriate, optimal tax risk/cost management that is aligned with their business operations through Deloitte’s global network.

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