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Remove all exit tax when moving within EU

eu/acc

Currently, entrepreneurs cannot move inside the EU because exit taxes oftentimes force selling all assets to cover the 25% tax on book values, often illiquid shares.

Inside the EU as single market, this should be stopped to restore freedom of movement. EU countries should stop competing for tax bases.

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Comments1

  • Azure Leaf

    •

    Dec 15, 2024

    Agree, if exit tax really needs to be applied. Just change it with a proportional reservation when the shares do become liquid.

    YC partner Tom Blomfield proposed this (pro-rata) and I think it’s fair that when the business does finally sell, the capital gain is taxed proportionally where the person lived during the time window the gain was realized.