It is a bit different though, because the German exit tax applies to companies and people holding more than a 1% share in a company. So no exit tax if you hold bitcoins as part of your private assets...
Agreed that there is some tension with EU principles, but it is difficult to get it right. Building a company in country A for 20 years, then moving to country B for 184 days to sell it completely without paying taxes also does not seem like a fair system.
If you are planning on VC-like returns by selling your company, you should start with a holding GmbH and an operative GmbH below (or crazier structures like a Holding GmbH & Co. KG). But: This way you have the maximum administrative costs and complexity in the beginning...
I think starting as an Einzelunternehmer makes sense in certain situations. I'm not a tax lawyer, but I'm a lawyer in a firm that advises startups and I have seen a lot of "Starts as Einzelunternehmer -> Does asset sale to own GmbH" type deals... "Normal" lawyers / tax advisors will never recommend this, because it is not a "simple check the box" exercise, and "sophisticated" lawyers are incredibly expensive.
"Replace" is difficult to define. Will there not be a single artist? Obviously wrong.
But possibly we have seen "peak" numbers in some professions? There are some exceptions, but in many modern professions, the numbers of professionals have only been increasing with GDP growth (e.g. quantity of lawyers/accountants/doctors).
I would guess there are more professional human translators today than there were in 1950. However, I think this is one profession that may "peak" at some point: For low-value texts, machine translation will be good enough, leading to a smaller pie of paid translation work, which can only sustain a smaller number of translators. The field will certainly stop growing and may decrease at some point. Anecdotal, but in the European Union institutions (https://www.politico.eu/article/translators-translation-euro...), it appears that we have already hit this "peak" and the future is gradual decline in the number of translators employed.
You should check out how EU state aid laws work. This is exactly the issue they are addressing and it is not true that we have seen a significant "subsidy race" between different EU countries in the recent past.
If I am not mistaken, the £1 would typically be distributed between all of SVB UK's current shareholders. If SVB UK is 100% owned by the SVB parent company, and SVB parent is bankrupt, the £1 will get added to the funds that will make the SVB parent's creditors "whole", who outrank shareholders in bankruptcy.
Agreed that there is some tension with EU principles, but it is difficult to get it right. Building a company in country A for 20 years, then moving to country B for 184 days to sell it completely without paying taxes also does not seem like a fair system.