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158 UK government drops proposed exit tax after pushback from tech founders

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Vigneshwar Ravichandran @ Silicon Canals · today 06:57 EDT

UK government drops proposed exit tax after pushback from tech founders

The UK government drops a planned exit tax following strong opposition from the tech community, keeping the measure out of the upcoming Autumn Budget. The UK’s proposed exit tax, which would have charged business owners moving their companies abroad, has been officially dropped from the upcoming Autumn Budget. Chancellor Rachel Reeves has ruled out including ... Read more

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