Finland contemplates an exit tax

[CyprusLawyer101]

Finland plans exit tax on individuals' assets | STEP

The Finnish government is consulting on a proposed exit tax on the movable assets of any individual who has been tax-resident for at least four of the previous ten years.

www.step.org

 

[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