[jeofken]

The EU forces every member state to implement an exit tax to trap entrepreneurs in a disadvantageous situation (Anti-Tax Avoidance Directive).

Some countries such as Sweden implements this only minimally - making capital gains of Swedish companies you hold realised within 10 years of moving abroad are taxed, so just don’t sell in 10 years but take out credit with those assets as collateral.

Of course outside the EU, such as Switzerland and the UK, these governments are not bound by EU rules and don’t impose exit taxes.

Which is why so many European millionaires are doing their best to live in these countries

[saubeidl]

The reframing of anti tax avoidance to be a "trap", a "disadvantageous situation" is egregious.

Like maybe just pay your dues? Contribute back to the society that enabled you to become rich in the first place instead of parasitically extracting value?

[mytailorisrich]

Tax avoidance is legal. Everyone has the right to minimise their taxes lawfully, arguably this is only paying your dues but not more...

[bluecalm]

If duties are unreasonably bothersome then it's a trap.

[ExpertAdvisor01]

Eu ATAD only do exit tax on corp level. Germany does it on personal level