Smart Tax Competition and the UK’s Withdrawal from the EU

Britain’s upcoming exit from the EU has led to a debate on the strategy British economic policy could take after Brexit. Politicians from other EU countries are concerned that the UK could establish itself as a tax and regulation haven at the EU’s doorstep. Using tax incentives the UK could attract companies as well as wealthy EU citizens to the country, with a negative impact on the economic development and tax revenues of the remaining EU member states.