12/13/2014 - Iceland Plans to Impose a 25-40% Exit Tax on all Assets Leaving the Country
Bloomberg & Morgunbladid report that Iceland plans to impose an exit tax as part of removing its capital controls – all bank assets would be subject to the levy .. more financial repression .. “Representatives from Iceland’s government, central bank and parliament discussed imposing a tax as high as 40% on investors exiting the island.”
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