On December 30, 2020, the European Union and the United Kingdom signed an agreement that will make it possible to regulate the future of trade relations with the United Kingdom after the end of the transitional period on December 31, 2020.

Our colleagues from the Madrid office of Andersen Spain have prepared an overview of the main customs and tax implications arising from the draft Agreement agreed on December 24, 2020 and later signed by the EU and the UK on December 30, 2020, which you may access at the following link.