The co-owner of an international company asked us to assist in planning his relocation from Poland to Switzerland. The client had previously received shares in the company as a gift from his father. The key challenge was to minimize exit taxes related to leaving Poland, which could have amounted to as much as 19%.
We carried out precise pre-move tax planning and obtained a groundbreaking tax ruling under which the client, upon changing residency, would be subject to a 3% exit tax on unrealized gains instead of 19%. This was the first case in which the reduced tax rate was approved.