The Taxing Consequences of Brexit

Abstract

The European Union is a complex and confusing instrument even for those well-versed in its institutions, procedures and acquis. EU Laws in respect of taxation to this end are unsurprisingly complicated. The impact of the UK’s decision to leave the EU in turn arouses an enormity of questions in respect of the post-Brexit settlement. One can speculate about what this might look like and what EU Laws in respect of taxation the UK will continue to subscribe to. However, this would be mere speculation as the eventual settlement will be the result of a negotiation between the UK and the EU, and in a negotiation, everything is potentially up for grabs. This article will seek to highlight the extent to which non-EU members can be subject to EU rules. As a prerequisite to this analysis however, it is first necessary to elaborate upon the UK’s current relationship with the EU in respect of taxation.

Keywords: EU Law; Tax Law; Public Law

JEL Classification: K34