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The Netherlands has just passed a bill introducing a 36% tax on unrealised capital gains.
If you’re an active investor in the Netherlands, I’d seriously recommend leaving as soon as possible before they add an exit tax.
Unless you’re comfortable paying 36% on gains you haven’t even realised.
This will inevitably trigger a wealth exodus from the Netherlands.
Governments need to understand that higher tax rates don’t necessarily result in higher tax revenues.
It won’t be long before other countries in Europe start to follow.
In times like this, I’m grateful to be in the United Arab Emirates.
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