Brexit Update - Triggering Article 50 and Negotiating with the European Union


In this podcast, EisnerAmper Transfer Pricing Practice Leader Henric Adey gives us the latest on Brexit. He breaks down the fallout from British Prime Minister Theresa May’s triggering of Article 50 of the European Union. Henric covers key negotiation points, the likelihood of a compromise and important dates going forward.



Dave Plaskow: Hello, and welcome to EisnerAmper’s podcast series where we try to dig a little deeper on accounting and finance issues facing business professionals and their clients. Today’s topic is “The Latest on Brexit.” I’m your host Dave Plaskow, and with us today is Henric Adey, EisnerAmper’s Transfer Pricing Practice Leader. Henric, welcome, and thanks for being here.

Henric Adey: Hey, Dave, thanks for having me. It’s been a long time since we last spoke. I think it was in 2016, and since then a lot of things have happened. In mid-March, we saw the Brexit bill receiving the royal ascent, allowing Teresa May to trigger Article 50, which happened on March 9th. So this gave the UK the ability to leave the EU and start the two-year negotiation process that might be only 18 months, depending on who you talk to. And, of course, we saw on April 29th the 27 EU leaders meeting in Brussels to adopt the Brexit negotiation guidelines.

Henric Adey is the Transfer Pricing Practice Leader at EisnerAmper. As practice leader, he is responsible for advising clients over a wide span of industries concerning both international and multi-state transfer pricing matters.

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