Finland contemplates an exit tax
- Thread starter CyprusLawyer101
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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.
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.
Taxing unrealized gains, the future of the whole of Europe.
Best is that you dont get a tax credit for your unrealized losses lmao
Best is that you dont get a tax credit for your unrealized losses lmao
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