Did you know about the Exit Tax?
Wow, 14X exit tax.. countries have started exit tax or making the things complex for an entrepreneur , countries are not after fixing tax or improving the business ecosystem. They want to tax you, punish you for being successful.
Fabian Fath
3w
What he says is absolutely correct. It is blackmail because the government in Germany has made so many bad decisions that everyone who can leave the country does so. Because of this law, "most people cannot."
Only half of the truth has been shared... https://auf-in-die-schweiz.de/magazin/wegzugsbesteuerung-deutschland/#:~:text=Berechnung%20der%20Wegzugssteuer&text=Hierbei%20wird%20der%20durchschnittliche%20Gewinn,unterliegen%2060%20Prozent%20der%20Einkommensteuerpflicht.
Burhan Mutlu
3w
Nasilsin?
Financial advisor for performance-seeking Investors | President of Apex Capital | Expert in international investment strategies
3wEduardo Saverin, co-founder of Facebook, renounced his U.S. citizenship to move to Singapore just before the company’s IPO. His goal? To avoid paying nearly $700 million in capital gains taxes on his shares. In response, the United States enacted the “Saverin Law,” designed to discourage wealthy entrepreneurs from leaving the country to evade taxes.