Description
"Brexit can be an opportunity to lower the corporate tax rate further"Brexit can enable time in an avalanche of European corporate tax breaks. it is one of the scenarios that account now that the British government is talking about the possibility of a so-called hard brexit.
Reports have logistics company Blue Water Shipping prick ears.
"We are much more aware of whether there is something we must exert on in Britain," says Søren Nielsen, Director General Cargo in Blue Water Shipping.
"So far brexit not had major consequences for Blue Water Shipping, and right now they are hard to predict," tells Søren Nielsen.
"But we can react quite quickly and adapt our business in a very short term," he explains.
At the weekend, said the British finance minister, Phillip Hammond, the negotiations with the EU on the British exit may force the British to change its economic model if the British come through with the main desire for continued access to the EU internal market without also be subject to freedom of movement in the EU.
The Finance Minister also stressed that Britain is prepared with strong medication to maintain the competitiveness of the economies following brexit. And he confirmed several Eu countries fear that the level of the UK corporate tax rate can come into play when a hard brexit.
"If we do not have access to the European market if we are shut out if Britain should leave the EU without an agreement on market access, so we suffer economic damage at least in the short term. In this case, we could be forced to change our economic model and have to change our model to regain competitiveness. And you can be sure we will do whatever it takes, "said Phillip Hammond to the German newspaper Die Welt.
British at heart
Briton Ian James Manners, Professor, Department of Political Science at the University of Copenhagen, stresses that a lower corporate tax was already on the British government's agenda. "Britain has just lowered the corporate tax rate, and brexit can be an opportunity to lower the corporate tax rate further," he says.
He also points out that Britain is a substantially altered market where new risks lurking in the form of currency challenges and potential tariff barriers, in addition to the tax issue lurking.
"Every Danish company with a significant relationship with Britain must consider whether it is necessary to open a subsidiary in Great Britain as part of protecting themselves from possible tariff walls, whilst enjoying the benefits of a lower UK corporation tax," he says.
Rebecca Adler-nisssen, Professor, Department of Political Science at the University of Copenhagen, watching Philip Hammond's announcement as sensational.
"It's a new development in brexit-discussion that makes the possible consequences more concrete than before. With Hammonds opinions, it is clear that Brexit can accelerate saenkelsen of corporate taxes in Europe. If the British depresses their taxes, it becomes more difficult to keep together Eu countries and work on a common approach, while a raes the bottom can really get started, "she says.
Cold feet
However, the EU's common response to Hammonds threat hurt so much to British citizens and companies, the British government gets cold feet.
But the corporation is not necessarily the only thing the British have in the pipeline.
"The question is how far you will go in relation to other forms of regulation. London is a place to store
| Period | 17 Jan 2017 |
|---|