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International briefing for July 2016

Chris Morgan (KPMG) assesses the latest developments that matter in the international tax arena.

It goes without saying that the big news over the last month was the EU referendum on 23 June and it has been widely reported that the next step will be for the UK to notify the EU under ‘article 50’ that we are leaving and then the negotiations will commence. I have written a great deal over the years on the impact of EU law on the UK corporate tax regime particularly decisions from the Court of Justice of the European Union (CJEU) and it is important to remember that until the negotiations are finalised the UK remains in the EU so to that extent nothing changes – despite the great amount of uncertainty about the future. The final outcome will depend entirely on what form the relationship between the UK...

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