BREXIT: Likely Effect on Wealth Management Industry

Overview


Jean-Marc Tirard and Simon Gibb told a UK media briefing that a vote for Britain to exit the EU is especially important to non-domiciled persons living in the UK for tax reasons. The two lawyers said that such persons should wait until the terms of any exit are clear, but added that because each country controls its tax laws, “the tax treatment of individuals will be governed by UK law and a Brexit vote is unlikely to affect existing tax rules.” Read the full article.

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