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According to Le Soir, between January and April of this year, the fiscal rulings office registered 1,715 adjustment declarations for money that had hitherto escaped the attention of tax authorities.
According to the Belgian daily, the influx of previously undeclared funds has likely been prompted by “the government’s announcement of an imminent tax amnesty”. The operation, which could take place as soon as July, “will likely be followed by an increase in charges for adjustments.”
For the newspaper, this prospect has led —
large numbers of “sly foxes” to take advantage of the permanent adjustment mechanism, which has been in operation since 2006, to bring back their shekels from tax oblivion.
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