We are delighted to introduce our first issue of Global Tax Insight, our biannual publication in which we cover key topical tax issues from around the globe. Its timing could not have been more propitious, following the UK’s referendum vote to leave the European Union. This surprise result shook the European markets resulting in both dramatic movements in the FTSE 100 and other European exchanges, and volatility in the value of Sterling. Unfortunately the long-term ramifications of the result are unclear and will depend on the outcome of government negotiations.