05 March 2018

UK and EU put forward proposals prior to critical March European Council meeting

The United Kingdom (UK) Prime Minister, Theresa May, delivered her third major Brexit speech on March 2. Although it did not contain any major surprises, it was the most serious attempt yet by the Prime Minister to engage on substance with some of the tougher trade-offs and compromises involved in Brexit. As several analysts have described it, Theresa May's position can now be summarized as the softest possible Brexit outside of the Single Market and Customs Union.

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

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Document ID: 2018-0489