Politics2 sources
Italy's New Exit Tax Plan Concerns Wealthy Expats
- Italy has been attracting global rich and expats with tax exemptions for a decade.
- The new 'exit tax' plan has caused concern among wealthy expatriates.
- The plan may disrupt the efforts Italy has made to attract the global rich.
- The Financial Times reports that the exit tax plan has spooked rich expats.
- Bloomberg notes that Italy's mixed messages risk upending years of courting the wealthy.