Potential ‘Brexit’ Continues To Cause Uncertainty

Posted on June 13th, by Global Tax Weekly in Government. No Comments

The world is a very uncertain place at the moment. Probably more uncertain than at any period in the post-World War Two era. Obviously, aside from China’s seemingly inexorable economic slow-down, the possibility of a “Brexit” is a major source of global economic uncertainty. And, just to add to the intrigue, the possibility remains that if the British people vote out of the European Union on June 23, Britain itself could actually remain in. This is because the referendum result is not legally binding on the UK Government, or the EU for that matter. Remember the national referenda on the Lisbon Treaty, which took place almost 10 years ago? After voting against the Treaty, the voters of Ireland, Denmark and the Czech Republic were respectfully invited by the EU to go back to the polling booths and make the “right” … Read More »


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