It is an issue in any number of emerging economies: how to balance efforts to recover the value of taxable assets and earnings held overseas with a fair and effective taxation code at home, as well as compliance with international standards.
On 8th June 2017, The Prime Minister and Minister of Finance and Economic Development delivered this Government’s third and mid-term budget as a continuation of its roadmap, with little change to economic policy.
It might only be a procedural step but this week marked another important pre-Brexit negotiations milestone. The Council of Ministers’ General Affairs Council (GAC) formally approved its Brexit “negotiating directives”, the final procedural hurdle ahead of the start of negotiations proper.
Mrs May alone can explain her motivation for calling an early election. Rumours and speculation abound about her precise reasoning but a general consensus on her prime motivation seems to be: reinforcing her legitimacy to deliver Brexit.