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exit tax
noun
- a tax formerly imposed on certain Soviet citizens who had been educated at government expense in the Soviet Union and wished to emigrate.
Word History and Origins
Origin of exit tax1
Example Sentences
The IFS has said a way to dissuade wealthy individuals from leaving the UK could be to introduce an "exit tax".
"The closure was delayed again, the correct procedure on paying the exit tax was agreed," Levin said.
Once the buyers were approved, taking this new requirement into account, another one appeared - the budget contribution termed an "exit tax" by Washington - Levin said.
Moscow is also demanding a 10% contribution to the federal budget, termed an "exit tax" by Washington.
The government in December demanded that companies leaving Russia sell their operations for at least half price and claimed 10% of the sale for the federal budget, termed an "exit tax" by the U.S.
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