Wealth preservation in an era of arbitrary taxation

Abstract 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.