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This tax was introduced because in the past some "smart" billionaires moved to Switzerland and by that avoided paying any taxes in Germany at all. https://de.w
by amai 1y ago
This tax was introduced because in the past some "smart" billionaires moved to Switzerland and by that avoided paying any taxes in Germany at all.
https://de.wikipedia.org/wiki/Wegzugsbesteuerung https://de.wikipedia.org/wiki/Wegzugsbesteuerung
So thank your greedy ancestors for that.
In addition it is mentioned in the article above that it is possible to pay this tax over a time period of seven years. So you don't have to pay it all at once.