The United Kingdom (UK) officially left the European Union (EU) on January 31, 2020. With this decision began a transition period scheduled to run until1 December 31, 2020. From an immigration perspective, the bilateral Agreement on free movement of persons (AFMP) remains applicable to UK nationals during this transition period. Thereafter, the AFMP will no longer be applicable to UK nationals. However, as the UK is an important partner for Switzerland, the Federal Council wants to ensure that existing mutual rights and obligations continue to apply and are even expanded after the end of the transition period.
A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.
