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exit tax News

Iceland Looks At 'Exit Tax' For Foreign Investors

by Ulrika Lomas,, Brussels

Friday, December 12, 2014

Iceland appears to be looking to remove its capital controls early in 2015, but would, at the same time, impose an "exit tax" on those foreign investors who have been unable to retrieve their funds that were locked in after the country's banks defaulted in 2008. Read Full Story


ICC Tells Countries To Resist Exit Taxes On MNEs

by Lorys Charalambous,, Cyprus

Monday, July 21, 2014

The International Chamber of Commerce, in a policy statement on July 15, 2014, has advised countries not to adopt exit taxes, to ensure that double taxation is avoided and to promote the free movement of capital. Read Full Story


FATCA: More US Expats Consider Handing In Passports

by Mike Godfrey,, Washington

Friday, July 18, 2014

Four out of five American expatriates are considering giving up their United States citizenship due to the ongoing implementation of the Foreign Account Tax Compliance Act, according to a new survey by the deVere Group. Read Full Story


Dutch Industry Calls For Tax Cuts To Support Recovery

by Ulrika Lomas,, Brussels

Wednesday, March 5, 2014

Reacting to the latest figures published by the Dutch Central Planning Bureau, the main employers' organizations in the Netherlands warned that entrepreneurial growth will only be achieved by lowering taxes. Read Full Story


France Plans Tougher 'Exit Tax'

by Ulrika Lomas,, Brussels

Tuesday, December 3, 2013

The French National Assembly Finance Committee has adopted an amendment to the country's 2013 year-end supplementary finance bill, toughening the so-called "exit tax." Read Full Story


Paper Studies US Foreign-Earned Income Exclusion Reform

by Mike Godfrey,, Washington

Friday, November 1, 2013

In one of its papers discussing possible United States tax reforms, the Committee for a Responsible Federal Budget has focused on the foreign-earned income exclusion for Americans living abroad, which was introduced as a way to compensate those living in higher cost-of-living countries. Read Full Story


Noonan Delivers Ireland's 2014 Budget

by Jason Gorringe,, London

Thursday, October 17, 2013

Irish Finance Minister Michael Noonan has unveiled in excess of EUR500m worth of pro-jobs tax measures in his 2014 Budget. Read Full Story


Abbott Comments On Tax On Migrant Workers

by Mary Swire,, Hong Kong

Friday, October 4, 2013

The new Australian Prime Minister has said that he is pleased that migrant workers from New Zealand "know that they are expected to work and pay taxes from day one." Read Full Story


Australia, NZ Finalize Pensions Portability Scheme Rules

by Mary Swire,, Hong Kong

Wednesday, June 5, 2013

Australia and New Zealand have finalized arrangements for a new trans-Tasman retirement savings portability scheme. Read Full Story


France Unveils Latest 'Exit Tax' Data

by Ulrika Lomas,, Brussels

Thursday, February 28, 2013

Director General of the country’s Public Finance Bruno Bézard has recently unveiled details to the French National Assembly finance committee of the latest information pertaining to France’s controversial 'exit tax.' Read Full Story



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