05 February 2018

EU27 develops its approach to post-Brexit arrangements

The European Union (EU) 27 Member States (EU27) agreed on January 29, on their negotiating guidelines for the terms of a transitional period after the United Kingdom (UK) leaves the EU on March 29, 2019. This was followed on February 1, by the release of a presentation given by the European Commission to an EU27 working party on establishing a "level playing field" in the long-term dealings between the EU and the UK. The presentation, covering State aid, tax, environmental issues and employment law gives an indication on how negotiations might develop, assuming that the terms of any transitional period are agreed.

A Global Tax Alert, attached below, provides additional detail.

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ATTACHMENT

Full text of Tax Alert 2018-0259

Document ID: 2018-0259