Comment Comment by leonidasrup The important sentence in the article is:" I own a few companies which means I'd be hit by the German exit tax. "We don't know how many companies does he own.We can look into exit tax rate, in different countries:Germany: effective tax rate of up to roughly 28.5%Japan: CGT rate is 20.315%Israel: Standard CGT rate is 25%Austria: Standard CGT rate is 27.5%https://en.wikipedia.org/wiki/Exit_tax parent leonidasrup 1 month ago
" I own a few companies which means I'd be hit by the German exit tax. "
We don't know how many companies does he own.
We can look into exit tax rate, in different countries:
Germany: effective tax rate of up to roughly 28.5%
Japan: CGT rate is 20.315%
Israel: Standard CGT rate is 25%
Austria: Standard CGT rate is 27.5%
https://en.wikipedia.org/wiki/Exit_tax