Isle of Man


Brexit Impact Eyed

Posted on March 29th, by Global Tax Weekly in Government, Sales Tax. No Comments

Naturally, a great deal of the debate about the United Kingdom’s future in the European is focusing on how a Brexit would affect the UK economy, and, to a lesser extent, the economy of the European Union. However, it is not just the UK and the EU that are facing highly uncertain futures. There are various other territories dotted around northern and western Europe that anxiously await the result of Britain’s EU referendum on June 23, 2016, including the UK’s Crown Dependencies, Guernsey, Jersey, and the Isle of Man, and Gibraltar, which is classified for the purposes of international law as a British Overseas Territory.

Largely self-governing, none of these jurisdictions is fully “in” the EU, but they are inextricably tied to Europe through their strong constitutional links with the UK, which looks after their foreign affairs. Guernsey and Jersey, … Read More »





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