CLEAN : Brexit paperwork sours Belgian beer exports to UK

CLEAN : Brexit paperwork sours Belgian beer exports to UK

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the VAT implications for beer purchases in Belgium, highlighting the 20% VAT for orders under €150 and additional taxes for larger orders. Due to Brexit, shipping to the UK has been halted temporarily as companies adjust to new regulations. The export market faces challenges, but adaptation is expected over time. A key discussion revolves around who bears the tax burden, with clients often willing to pay. The transition to new trade rules is ongoing, with improvements anticipated as stakeholders become accustomed to the changes.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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