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Italy's 2027 budget proposes exit tax on unrealized gains
Original: Italy has come up with a rather CREATIVE new way to tax wealthy people. Even if you haven't sold your investments, the g
A provision in Giorgia Meloni's proposed 2027 budget would hit wealthy Italians who move abroad with a 26% tax on their investment profits, even if they never sold the assets. Critics call it a punitive 'exit tax' that taxes people essentially for leaving Italy, while supporters frame it as stopping the wealthy from dodging taxes by relocating. Debate is growing over whether the measure would drive capital and talent out of the country rather than raise revenue.
Why now: The Meloni government's proposed 2027 budget includes the controversial exit tax, sparking debate over taxing wealth of people leaving Italy
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