Richard Asquith

One strategy being used across international regions is to utilize value-added tax measures as a flexible and effective response to the economic slowdown.

For U.S. firms advising clients who sell internationally, the evolving tailwinds suggest the rewards of a U.S.-U.K. bilateral deal could be major.

As the U.S. prepares retaliatory measures against European and Indian Digital Service Tax plans, it has found an unexpected ally.

The U.K. is in turmoil as the government loses the first of three votes this week to decide future trade status.

A hard Brexit would impose many new taxes and customs declarations obligations on trade between the U.K and the remaining 27 EU states.

The world is spoiling for a fight over American tax practices.

The European Union published proposals Wednesday for a 3 percent Digital Turnover Tax on the European B2B revenues of digital giants such as Google, Apple, Facebook, Amazon (termed GAFA in Europe), Uber and Airbnb.

The U.K.'s exit from the European Union will bring major tax uncertainties for U.S. businesses trading in the U.K., or using it as a platform to trade into the rest of the EU.