# Brickbat: Exit Toll

- URL: https://talkfuse.com/story/brickbat-exit-toll/
- Published: 2026-11-03T09:00:52+00:00
- Updated: 2026-11-03T23:07:53+00:00
- Original publisher: Reason
- Original article: https://reason.com/2026/11/03/8408981/
- Topics: Europe, Politics, World

## Key points

- Italy proposes a 25 per cent tax on unrealised gains for some departing residents.
- The measure applies above €800,000 in assets and has a residency test.
- Critics warn it could add uncertainty and discourage investment.

## Summary

Italy has proposed a 25 per cent tax on unrealised investment gains for some wealthy residents who move their tax residence abroad. The measure is included in the proposed 2027 budget and is intended to apply when people leave Italy with substantial assets.

It would cover people with at least €800,000 in assets who have lived in Italy for six of the previous 10 years. Those moving to the EU or certain other countries could defer payment until selling their investments, but would have to pay half the tax upfront. Critics say the proposal is unclear and could deter wealthy people and businesses; it is partly modelled on France’s exit tax, but has a stricter upfront payment requirement.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.