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Brexit spurs Panasonic to move European HQ from London to Amsterdam

( August 30, 2018, 02:58 GMT | Insight) -- Japanese electronics giant Panasonic is to move its European headquarters from the UK to Amsterdam in October in preparation for the UK’s departure from the European Union, the Nikkei reports.Japanese electronics giant Panasonic is to move its European headquarters from the UK to Amsterdam in October in preparation for the UK’s departure from the European Union, the Nikkei reports. Citing Laurent Abadie, Panasonic Europe's chief, the business daily said the company was planning to shift 10-20 staff members from its office in a London suburb to Amsterdam to avoid potential tax issues associated with Brexit. A Panasonic spokeswoman confirmed Abadie's remarks to MLex, adding that that he had been discussing changing the registration of Panasonic Europe from Bracknell, in England, to the Netherlands in October....

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