Brexit – HMRC and the European Commission publish a guidance documents on the treatment of cross-border operations as of 1st January 2021

Following the transition period ending on 31 December 2020, the United Kingdom will be definitively considered as a non-EU country.

In this context, HMRC and the European Commission published guidelines dated 9 and 13 July 2020 detailing the treatment applicable to cross-border operations from 1 January 2021.

If you would like further details, please contact our experts.

Sources:

• HMRC.
• European Commission.  Getting ready for changes Communication on readiness at the end of the transition period between the European Union and the United Kingdom. (PDF)