The UK Department for Exiting the European Union published on 19 March 2018 the draft agreement on the withdrawal of the UK from the EU. The draft agreement includes legal text for the implementation period, citizens' rights, and the financial settlement, as well as a significant number of other articles, including a transition period that will start at the entry into force of the agreement and end on 31 December 2020. The transition period applies for different aspects of the agreement, including with respect to ongoing value added tax (VAT) and excise duty matters. In particular: The EU Directive on...