Deal or no deal
- As orderly as possible transition in case of a deal
- Implications of a no deal scenario

From one-stop shop (EU28) to two parallel systems (EU27 and UK)
- Increased powers for Competition and Markets Authority (CMA)
- Including State aid: towards a national UK State aid regime

Last year:

•Government rhetoric: no reduction in employment protection.
•Predicted UK will not become an “offshore jurisdiction”.
•Predicted international employment cases / arbitration likely to increase in number and complexity.

Are we any further forward in what we know?

Bearing in mind Spanish law, these are the main tax implications we will be focusing on through the BREXIT process.

Key Brexit process dates
October EU Council of Ministers Meeting
Enabled enough time for each EU 27 member state to nationally ratify withdrawal agreement before March 2019
Rumoured fall back in December 2018
29 March 2019 – Exit date, irrespective
So called hard Brexit if no withdrawal agreement
31 December 2020 – Transition deal end date
UK remains status quo ante and all EU rules including new ones apply
Transition deal principle agreed but application remains open as “Nothing is agreed until everything is agreed”

As Brexit negotiations continue, some details about the likely future immigration policies between the UK and EU have emerged. This presentation discusses the different stages of Brexit, including current rules, the rights of EU/UK citizens during the 21-month transition period, as well as possible post-Brexit policies.

Preferential taxation regimes for certain types of companies in Switzerland (status companies)
Rulings with taxation conditions that are subject to critical review
State aid in Switzerland (promotion of the economy)