Finland contemplates an exit tax

[CyprusLawyer101]

https://www.step.org/industry-news/finland-plans-exit-tax-individuals-assets

 

[mctrader]

Interesting and scary.

Isn't there a EU directive (ATAD II?) that requires exit taxation by an EU member state for natural persons that hold more than 10% interest in private companies and more than 1% in public?

Denmark has a different approach and does a yearly deemed disposition of financial assets and taxes unrealized gains.
Canada does this when you become non-resident and leave the country.

 

[TheCryptoAnt]

Taxing unrealized gains, the future of the whole of Europe.

Best is that you dont get a tax credit for your unrealized losses lmao