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(I am Belgian and speak dutch) Oh, I'm not saying everything is above board. That I agree with. However, I do have several wealthy friends who have, unreasonab
by charlesdm 11y ago
(I am Belgian and speak dutch)
Oh, I'm not saying everything is above board. That I agree with. However, I do have several wealthy friends who have, unreasonably, been harassed by the fiscal administration on certain matters. A lot of it is fishing to see if they can find something that sticks.
From what I saw in the media (we obviously don't know the exact details):
1. He invested in a company, many years ago.
2. He sold his shares, with a capital gain, which generally is tax free in Belgium
3. Some civil servant decided he wanted to interpret the law differently (and tax him), and he tried to make it stick. As far as I know, he failed.
The problem with Belgian tax law is that it's full of "maybe's", "ifs", and obscure undefined terms. That creates ambiguity in different matters and different cases. Like everything in Belgium.. :)
- NicoJuicy 11y agoHe did not sell his shares the day before it insanely dropped. His wife and friends did, with presumeable insider trading secrets :) I also have some wealthy friends, but they haven't been accused of that. None the less, Belgium is a lot of administration, i agree on that. And a lot of "you know me" politics also :)
- charlesdm 11y agoI think you're mixing things up. One of those cases was "abuse of power" related (the one you're bringing up), and the other one (share sale described above) was tax related.