EUROPEAN CITIZENS TO PAY GLOBAL TAXES

🇫🇷 France approved an amendment to tax its citizens on global income if they move to a region with tax 50% lower than France's.

🇳🇱 The Netherlands proposed a new exit tax for citizens who leave the country to pay income (and presumably capital gains) taxes for 5 years after leaving the country.

🇪🇸 Spain already taxes its citizens on global income for 4 extra years if they move to a country classified as a "tax haven".

Germany, Norway, and the UK will soon tax their citizens globally too.