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EUROPEAN CITIZENS TO PAY GLOBAL TAXES

EUROPEAN CITIZENS TO PAY GLOBAL TAXES

πŸ‡«πŸ‡· France approved an amendment to tax its citizens on global income if they move to a region with tax 50% lower than France's.

πŸ‡³πŸ‡± The Netherlands proposed a new exit tax for citizens who leave the country to pay income (and presumably capital gains) taxes for 5 years after leaving the country.

πŸ‡ͺπŸ‡Έ Spain already taxes its citizens on global income for 4 extra years if they move to a country classified as a "tax haven".

Germany, Norway, and the UK will soon tax their citizens globally too.

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