4 comments

[ 9.0 ms ] story [ 44.6 ms ] 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.
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.