The EU-UK Trade and Cooperation Agreement and UK tax subsidies: no recovery after Brexit?

19 January 2021

After the initial relief that followed upon reaching a Trade and Cooperation Agreement between the European Union and the United Kingdom on Christmas Eve, we slowly see how this treaty is going to affect the tax domain. In this blog I will briefly focus on the area of fiscal state aid, i.e. the regulation of subsidies given to targeted businesses via the tax system.