Spotify Founder Threatens to Leave the Country "Immediately"

Algemeen Dagblad

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Music streaming service co-founder Martin Lorentzon wants to leave Sweden if the country introduces a new wealth tax. The Swedish billionaire told news agency Bloomberg this.

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Spotify co-founder Martin Lorentzon has made it clear: He will leave Sweden if the country's politicians order the richest to pay an extra tax. The ballot boxes on the other side of the Øresund will open next week.

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Martin Lorentzon, co-founder of Spotify, said that he would leave Sweden immediately if the country adopted new taxes on big fortunes, broadening the concerns that the proposals debated before the elections this month in the country could bring entrepreneurs and capital abroad. In Brazil: Minimum tax of 2% on big fortunes collection R$ 30 bi per year, points out international study In Latin America: Tax on super-rich collections US$ 24 bi per ye…

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Spotify co-founder Martin Lorentzon is threatening to leave Sweden if a new wealth tax is introduced, according to Bloomberg.

Nieuws.nl

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STOCKHOLM (ANP) - Music streaming service Martin Lorentzon wants to leave Sweden if the country introduces a new wealth tax. The Swedish billionaire said this to news agency Bloomberg. "Yes, absolutely," Lorentzon responded via email to Bloomberg's question about whether he had a ve...