The exit tax doesn't apply to "gains", it applies to the "value of your company" which is calculated in a way that often means you will owe thousands or even millions in money you don't have, and at no time had.
Yes - the value of your company is the gain. It is the money you would have if you sold the whole thing.
Sounds indeed pretty terrible…
Yes - the value of your company is the gain. It is the money you would have if you sold the whole thing.