Wednesday, November 21, 2007

if you aren't paying enough taxes, move to Belgium

A new World Bank report confirms Belgium's position as a high tax economy. The survey was carried out by the International Finance Corporation and the auditors Price Waterhouse Coopers.
With 44.2% of GDP going in tax, Belgium was ranked 154th in the world.
The report reveals that the average Belgian company has to hand over 64.3% of its profits to the taxman. FLANDERS NEWS

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