In some countries, people who no longer agree with the political (tax) system
of their home country and want to leave must pay a final round of taxes
before they are allowed to go. Germany’s exit tax is an example of this.
While the international tax world is moving more and more toward comprehensive access to assets, foundations and trusts play an increasingly important role in long-term entrepreneurial orientation.
The Liechtenstein discretionary foundation, as an example, makes it possible
to organize private and business assets in a long-term entrepreneurial manner
and to structure them in a legally and tax-compliant manner.
Via this link you can access the original article of H.S.H. Prince Michael of Liechtenstein published in Trusts & Trustees' July edition, the leading international journal on trust law and practice of Oxford Academic.