Norway's proposed exit tax for individuals (opens in new tab)

(news.bloombergtax.com)

4 pointskldx2y ago4 comments

4 comments

4 comments · 2 top-level

kldxOP2y ago· 2 in thread

> Private individuals moving from Norway will have to pay exit tax on accrued but unrealized capital gains within 12 years, under a proposal published Wednesday by the Nordic country’s finance ministry.

metadat2y ago

That's pretty harsh to tax unrealized gains, chilling. This seems more like a blatant cash grab than legitimate need.

kldxOP2y ago

The tech industry here is tiny but growing. This move could affect startups disproportionately.

kldxOP2y ago

Non paywalled but in norwegian: https://www.pwc.no/no/pwc-aktuelt/skjerpet-exit-skatt.html

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