When structuring an international tax transaction it's important to know the tax rules of the jurisdiction. However, equally important is understanding what jurisdiction you are working in.
This may seem obvious, but there are situations where this may become very complicated. One such situation is in the context of defining the UK, Great Britain and UK.
For a primer on how these terms apply geographically, view the video below entitled, "The Difference between the United Kingdom, Great Britain and England."