A long list of famous British foods and drinks, which presently take pleasure in special status under European Union rules, could lose their legal securities when the United Kingdom leaves the bloc. That list consists of Cumberland sausage, Cornish pasty, and Scotch whisky, among 60 other types of food and drink. When we leave the EU, we will lose the European law which secures such products, says Iain Connor, a London-based partner at law office Pinsent Masons who concentrates on copyright law. Check out this site for further details about french vineyard .
New double tax treaty will help French companies running
A brand-new double tax treaty in between France and Singapore will be of specific assistance to French companies running in Singapore, particularly in the building and construction market, a professional has stated. Franck Lagorce, a specialist in French tax at Pinsent Masons, the law office behind Out-law. com was commenting following an announcement from the Singapore tax authority that the treaty entered force on 1 June. " Changes in the new treaty to the meaning of long-term facility will benefit French construction and infrastructure businesses operating in Singapore. French businesses in all sectors running in Singapore will also potentially have the ability to benefit from an enterprise to enterprise exemption from withholding tax on interest" he stated.
French tourist industry set to suffer over falling pound
With the value of the British currency toppling it's most likely that lots of Britons will be compelled to turn their backs on their favored traveler destination, which might quickly run out their spending plan. On Friday the value of the pound was at 1.19 to the euro. It has been practically 1.40 before the referendum. Some analysts have actually suggested that the currencies will eventually reach parity. The slide in value of the pound may strike reservations by British travelers said the French travel industry umbrella group Les Entreprises du Voyage. " It is absolutely double-edged: Britain will attract more French individuals however it is bad news for the French economy as less British travelers will pertain to France because it will be a pricier destination," stated the group's president, Jean-Pierre Mas.