exit tax

noun

1. 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

First recorded in 1970–75

Example Sentences

At the time, Bitcoins traded for around $871 each and Ver was required to pay an “exit tax” on his capital gains.

Read more on Los Angeles Times

The IFS has said a way to dissuade wealthy individuals from leaving the UK could be to introduce an "exit tax".

Read more on BBC

"The closure was delayed again, the correct procedure on paying the exit tax was agreed," Levin said.

Read more on Reuters

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.

Read more on Reuters

Moscow is also demanding a 10% contribution to the federal budget, termed an "exit tax" by Washington.

Read more on Reuters