Brexit Tax Update – Future Customs Arrangements – Fantasy or Inspired?
View Client Update
- Earlier this week, the Department for Exiting the European Union released its first future partnership paper ‘Future customs arrangements.’
- The paper suggests two possible approaches for a future customs arrangement with the EU: either “a highly streamlined customs arrangement” or “a new customs partnership with the EU.”
- The proposals are highly innovative but have been condemned by some as “fantasy.”