By Julien Monsenego, Thibaud Boucharlat

While it is still too early to take a position on the actual consequences of the Brexit, the main tax implications for groups with operations both in France and in the UK can and should already be anticipated. Notably, Brexit’s entry into force will call the application of the EU legislation and regulatory system into question in the UK. One therefore wonders whether the numerous double tax treaties entered into by the UK will be sufficient to compensate for the disappearance of the tax benefits resulting from the EU legislation.

Brexit’s entry into force will call the application of the EU legislation and regulatory system into question in the UK. One therefore wonders whether the numerous double tax treaties (DTT) entered into by the UK will be sufficient to compensate for the disappearance of the tax benefits resulting from the EU legislation.