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External Transfer Tax


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Hey FM Team!

I have seen a €8M "External Transfer Tax" in my financials page, and i am curious what it is please? Can any informed member confirm? google yields bad results, but alludes to tax on some foreign transfers. i did buy brazilian for €21M? Wish i hadn't if i would have known to add 38% to the cost, and not made very obvious on the transfer page 

 

Tom

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  • 1 year later...

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I am under the impression it is for trasnfers out of the country but could be wrong.

Would be good to know what it is charged on and at what percentage.

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