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ARTICLE · 13 DECEMBER 2018

Ready, Steady, Brexit

Atoz Tax Advisers
Atoz Tax Advisers
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Atoz Tax Advisers

Atoz Tax Advisers

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Although we can only speculate on this matter, some changes are due to occur.

LuxembourgGovernment, Public Sector
Keith O'Donnell
Keith O'Donnell

Shockwaves from this morning's announcement are still rippling through the media, the markets and foreign and UK government. The "leave" scenario that many business owners and public figures dismissed at first as fantasy has now been voted by a majority of the British public. As the dust settles, the impact of Brexit will become clearer, but for the moment we can begin to piece through what this decision may mean for business in Luxembourg and abroad. We'd like to offer some of our initial thoughts and suggestions, as tax advisers with strong knowledge of both markets and just how intertwined they have become.

What are the immediate repercussions for my business?

Barring any knee-jerk reactions (such as the closing of the border to immigrants), there are no immediate repercussions for businesses aside from any macroeconomic considerations (market instability) which may accompany the Brexit announcement. It is important to keep in mind that the referendum is not a

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