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Brexit law paves way for EU-UK talks on future relationship

UK and EU leaders signed the EU withdrawal agreement in the latest step of the ratification process before Britain leaves the EU on January 31 …

“As we leave the European Union, we have a huge opportunity to be a liberalising force for trade in the world,” International Trade Secretary Elizabeth Truss told lawmakers as the European Union (Withdrawal Agreement) Bill completed its passage through Parliament.

But Labour MP Jonathan Reynolds noted that the Trump administration’s threat to impose tariffs on cars if the United Kingdom proceeds with its digital services tax “seems an early test of how we will fare in independent trade talks.” Asked whether the UK government intends to “concede to American pressure,” Truss declared that “UK tax policy is a matter for the UK chancellor — it is not a matter for the US.; it is not a matter for the EU; it is not a matter for anybody else.”

My news story for Tax Notes (paywall), January 24:

Brexit Law Paves Way for EU-U.K. Talks on Future Relationship


Update January 28: This story is now free to view at
https://www.taxnotes.com/featured-news/brexit-law-paves-way-eu-uk-talks-future-relationship/2020/01/24/2c3jj