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Norway's proposed exit tax for individuals (bloombergtax.com)
4 points by kldx on April 12, 2024 | hide | past | favorite | 4 comments


> 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.


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


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





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