Belgium is to introduce a second tax amnesty in 2006 for investors who have placed money offshore wi...
Belgium is to introduce a second tax amnesty in 2006 for investors who have placed money offshore without making a declaration to the authorities. This follows an amnesty in 2004 that did not raise as much revenue as the Belgian government expected. The government originally hoped to raise around e850m from the amnesty, which ran for the full calendar year, but by the end of the year, it had collected an estimated e500m. In the Belgian Budget on 11 October, the government revealed its plans to introduce another amnesty in 2006. This is expected to cover both corporate and individual incom...
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