When a government falls apart, pay attention to the laws ministers still manage to pass. Germany’s collapsing “traffic-light” coalition was unable to agree on climate policy or a budget, but it flashed green for one change: an exit tax. Since January 1st anyone with over €500,000 ($520,000) in investment funds has had to pay income tax on gains earned in Germany if they wish to extract their money from the country.
Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=67954719498f4e32a8be3293fe93d5f6&url=https%3A%2F%2Fwww.economist.com%2Ffinance-and-economics%2F2025%2F01%2F23%2Feuropean-governments-struggle-to-stop-rich-people-from-fleeing&c=17928560532064096901&mkt=en-us
Author :
Publish date : 2025-01-23 03:22:00
Copyright for syndicated content belongs to the linked Source.
