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How is that different from the thing Norway might implement? Besides the obvious difference of the US exit tax seems to be about citizenship while the Norwegian
by diggan 2y ago
How is that different from the thing Norway might implement? Besides the obvious difference of the US exit tax seems to be about citizenship while the Norwegian one seems to be about residency of the company itself.
- JumpCrisscross 2y ago> Besides the obvious difference of the US exit tax seems to be about citizenship while the Norwegian one seems to be about residency of the company That’s a big difference. (Also, is it company or personal residence?)
- diggan 2y agoSure, but also the least interesting because that difference is very obvious, that's why I'm asking for other differences...
- JumpCrisscross 2y ago> that's why I'm asking for other differences If the obvious difference explains the gap, this is unnecessary. Switch American taxation to a territorial system and you’d see a similar flourishing of start-ups and founders in Canada and Mexico.
- HarHarVeryFunny 2y agoYou're right - maybe it is the same - I don't read closely enough, but the Norwegian tax is on "unrealized assets" which may be the same thing.