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January 31, 2020

Brexit Stage Left: See EU Later

Doug McHoney (PwC's US International Tax Services Leader) and Matt Ryan (Leader of PwC UK's International Tax & Treasury Network) avoid the temptation of debating Megxit and dive quickly instead into Brexit. More specifically they cover: the importance of the monarchy to the UK's identity; a primer on the Brexit votes and the Prime Ministers in power during those votes; the treaty implications of Brexit; the importance of the ‘principal purpose test’; how Brexit will impact the new controlled foreign corporation (CFC), Permanent Establishment (PE), and dividends-received rules; how Brexit will impact global trade; and key considerations for companies in a post-Brexit world.

Duration: 33:57

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Doug McHoney

International Tax Services Co-Leader, PwC US

Geoff Jacobi

ITS, Knowledge Management Managing Director, PwC US

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