EU ACCOUNTING AND TAXATION LEGISLATION MAY NOT APPLY IN BRITAIN AS PM MAY SAYS ‘BREXIT MEANS BREXIT’
July 1st, 2016
With new UK Prime Minister Theresa May apparently determined to fulfill the wishes of the 52%/48% Brexit referendum result backing Britain leaving the European Union (EU), what EU accounting and taxation laws will ultimately remain on the British statute? The PM has made it clear she recognises that a key force behind the ‘leave’ vote was a dislike of unrestricted EU immigration into Britain, and should she satisfy that demand, the prospect of the UK becoming a non-EU member of the European Economic Area (EEA) will become most unlikely. Non-EU EEA states such ...
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